Donald Trump's wide-ranging taxes on imports were reinstated this week after being deemed illegal by a trade court. Their ultimate fate is yet to be decided.

One of the most common questions we get from clients is, “What is the future of the Trump administration’s tariff strategy?” With President

Earlier this month, Trump threatened Mattel with a 100% tariff on all its toy imports after Mattel CEO Ynon Kreiz said the company would have to consider raising some toy prices due to tariffs and that it wouldn’t shift toy production to the United States, as that would be more expensive than paying the tariffs.