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Stock impact report

How Lego got swept up in U.S.-Mexico trade frictions [BNN Bloomberg (Canada)]

Mattel, Inc. (MAT) 
Last mattel, inc. earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.shareholder.com/mattel
Company Research Source: BNN Bloomberg
So when Mexico hiked tariffs on the Asian giant at the start of 2026, its toy manufacturers, including local factories of Lego and Barbie-maker Mattel, had mixed emotions. On the one hand, they cheered the clampdown on cheaper Asian imports but on the other were left wincing at the rising costs of their inputs. The toy sector is one of a raft of industries impacted by a year of simmering trade tensions between U.S. President Donald Trump's administration and Mexico, as well as China. Mexico's car assembly industry, one of the biggest in the world, is also holding its breath, given its reliance on Chinese-produced car parts. President Claudia Sheinbaum argues that the tariffs on China, India and other countries with which Mexico has no trade deal, aim to protect Mexican industry from cut-price competition. Analysts see the levies, however, as an attempt to appease Trump in the run-up to a high-stakes review of Mexico's three-decade-old trilateral free trade deal with the Uni Show less Read more
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