A prolonged trade war means that for many American families, an extensive Barbie or Polly Pocket collection could soon be a luxury.

Several companies have pulled their full-year outlooks for 2025, with many citing market uncertainty exacerbated by Trump’s tariffs.

Mattel’s MAT -1.10% CEO said the company was moving more of its production out of China, lobbying the Trump administration to exempt toys from tariffs and making plans to raise prices on American toys.