Well, howdy there, Internet people, it's Bell again.

So today, we're going to talk about businesses warning Trump about the economy.

The already lengthy list of companies warning Trump and the American consumer about the effects of his trade policies is growing.

It added two big names this week, Mattel and Ford.

I want you to pause for just a second to think about how wide-ranging the effects will be

when you have companies as different as Mattel and Ford both being impacted.

And keep that in mind, as I go through just a handful of

the other major companies that have made public statements about the current economic situation.

Mattel, the toy maker, they make everything from Barbie to Hot Wheels. About four out of five toys sold in the U.S. are made in China.

Mattel has indicated they plan on diversifying their supply chain. Now, the most likely option is

they move out of China into another country, not the U.S. They already have operations in Indonesia, Malaysia, and Thailand.

They also indicated they'd be, quote, taking pricing action in its U.S. business.

Taking pricing action is financial speak for raise prices. As basically, every economist said, tariffs raise prices.

Their whole job is to raise prices. In an update to investors, the toy giant said, quote,

given the volatile macroeconomic environment and evolving U.S. tariff landscape, it is difficult to predict

consumer spending and Mattel's U.S. sales in the remainder of the year and holiday season.

Volatile, difficult to predict. Another word for that would be uncertain.

Markets hate uncertainty.

Ford has said they expect Trump's tariffs to cost them $2.5 billion, but said they could mitigate some of it.

Ford's gross profit for 2024 was around $26 billion.

Even if they could find a way to mitigate a billion dollars worth of the additional costs,

do you see them not raising prices?

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