Donald Trump has threatened to place a 100 percent tariff on Barbie maker Mattel, after the company’s CEO said it would continue to manufacture outside the U.S. but would be reducing its reliance on Chinese imports.

“I’ve heard [Mattel] said: ‘Well we’re going to go counter, we’re going to try going someplace else,’” Trump said in the Oval Office on Thursday. “That’s OK, let him go, and we’ll put a 100 percent tariff on his toys, and he won’t sell one toy in the United States, and that’s their biggest market.”

In an interview with CNBC on Tuesday, Mattel CEO Ynon Kreiz was asked whether it would be cheaper to relocate some manufacturing to the U.S. due to the tariffs, but responded: “We don’t see that happening.”

  • ragepaw@lemmy.ca
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    2 months ago

    And the bigly brained free market capitalists in his party will cheer while he targets a corporation for engaging in free market capitalism.

    I’m old enough to remember when a group of people this collectively deluded were kept in asylums.

  • dhork@lemmy.world
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    2 months ago

    First, it was the Idiocracy movie that started out as parody and became a documentary over time. Now, the Barbie movie is becoming reality right before our eyes. The Kens are in charge, and they are all dumb as posts.

  • Nightwingdragon@lemmy.world
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    2 months ago

    First it was slapping tariffs on penguins. Now we’ve entered the “War on Dolls” stage of the Trump administration.

    I wish I was joking.

    I hate this timeline.

  • Jesus@lemmy.world
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    2 months ago

    As someone who manufactures stuff, I can attest that we’re almost all looking at other countries, not standing up US manufacturing.

    Standing up manufacturing in the US takes too long and costs too much for us to do when we’re going into a recession.

  • BoofStroke@sh.itjust.works
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    2 months ago

    It’s because of the stupid 30 doll example he gave, so he’s doing this to back it up. Big brain dementia Donnie.

  • Turret3857@infosec.pub
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    2 months ago

    Now, a power move from Matel would be to not increase the price after a tariff, and take the loss, or make some sort of “Tariff Barbie” to teach kids about their wonderful president.

    they won’t do either of those things though, theyre just going to take the punch and roll.

      • Turret3857@infosec.pub
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        2 months ago

        My thought was some sort of barbie doll that is just a literal stick or something with a card that tells the child why they only have a stick (the tariffs trump has imposed.)

  • PattyMcB@lemmy.world
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    2 months ago

    My question is: how is he going to succeed if he’s pissing of his base? (not the MAGA crowd, the billionaires)