Automobile giant Ford and Barbie Maker Mattel warn of rates costs

Barbie Motel manufacturer says he will set the prices of some of his toys in the United States, as President Donald Trump’s tariffs are increasing their costs.

The company also says it will reduce the number of products it makes in China for the US market.

At the same time, the car that makes the giant Ford says the levies will cost about $ 1.5 billion ($ 1.13 billion) this year.

They join A growing list of big companies A warning about the impact of US tariffs on their companies and the wider economy.

“Given the variable macroeconomic environment and the development of the tariff landscape in the United States, it is difficult to predict Mattel’s consumer expenses and sales in the United States over the rest of the year and the festive season,” said Motel as it updates investors for its financial results.

The US represents about half of the global sales of Mattel toys. It imports about 20% of its goods sold there by China.

The company said it plans to reduce this Chinese import to the United States to below 15% by next year.

After returning to the White House in January, Trump imposed new imports of imports of up to 145% on goods from China.

The administration told him last month that when new tariffs are added to existing ones, the taxes of some Chinese goods can reach 245%.

China withdrawn with a 125% tax on US products.

In addition to China, Mattel imports products – including Barbie dolls and hot wheels – from Indonesia, Malaysia and Thailand.

The three countries were also affected by steep Trump tariffs in April before being appointed for 90 days.

Last week, Trump acknowledged the potential impact of tariffs. American children can “have two dolls instead of 30 dolls,” he said, but added that China would suffer more from the United States.

Carmaker Ford said it expects the tariffs to add $ 2.5 billion to their total costs this year, mainly due to the increased costs of Mexican and Chinese imports.

But the company said it has reduced about $ 1 billion from these added costs by taking various measures, including the transport of vehicles from Mexico to Canada, to avoid US tariffs.

The company also stopped its annual investor profit guidelines due to the uncertainty about Trump’s commercial policies.

In April companies, including technology giant Intel, Adidas and Skechers Shoe Producers, and a Procter & Gamble consumer goods group described in detail the impact of tariffs on their business.

“The policies for trading in a lot of fluid in the US and then, as well as the regulatory risks, are increasing the likelihood of economic delay with the likelihood of recession,” said Intel Chief Financial Officer David Zinsner while calling with investors.

Giant for sportswear Adidas warned that tariffs would lead to higher prices in the US For popular coaches, including gazelle and samba.

The Skechers shoe company, David Weinberg, told investors: “The present environment is just too dynamic to plan results with reasonable confidence for success.”

And Procter & Gamble – who makes Ariel laundry laundry, shave shampoo on head and shoulders and vest – He said he was considering changes in his prices to compensate for the additional cost of materials received from China and other places.