Mattel is looking at potentially upping toy prices as part of its efforts to mitigate President Donald Trump’s tariffs on imports from China, Mexico and Canada.

Mattel executive says it may have to charge consumers more for its toys because of higher tariff costs on imports from China.

The move comes as Trump imposed sweeping tariffs on China, Mexico and Canada on Saturday, which Mattel aims to mitigate through supply chain optimization and potential price increases on its toys.