Carmaker Ford says tariffs will cost it about $1.5bn this year as toymaker says it will reduce imports from ChinaBusiness live – latest updatesBarbie maker Mattel has said it will increase prices for some products in the US as Donald Trump’s sweeping tariffs bump up costs for the toymaker.The US represents about half of Mattel’s global toy sales, and the company imports about 20% of its goods sold in the country from China. Mattel said it would reduce imports into the US from China to below 15% by 2026. Continue reading...