Mattel Inc. is considering increasing the price of its Barbie and Hot Wheels toys to offset the cost of President Donald Trump’s tariffs. The El Segundo, California-based toymaker will first seek to make its supply chain more efficient or relocate some production before deciding whether to pass on the added expense to consumers,

The cost might rise for Barbie dolls, Hot Wheels cars and other Mattel products due to the Trump administration's handling of tariffs on goods produced in China, Mexico and Canada.