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Mattel to raise toy prices amid tariff pressure

Poppie Mphuthing

01:54

Global toy giant Mattel, best known for the iconic Barbie doll, announced it will raise prices in the U.S. in response to new U.S. tariff policies. The company also revealed longer-term plans to reduce its reliance on imports from China as it adjusts its supply chain strategy. CGTN's Poppie Mphuthing reports.

 

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