Mattel company leaders are warning that the trade tariffs imposed by President Trump could have a profound impact on toys like the wildly famous "Barbie" dolls they're so well known for. Tom Wait reports.

Mattel, the U.S. toy company, said it would increase prices of some U.S. toys, citing levies on Chinese imports.

Mattel said it’s considering raising prices on U.S. toys, a warning that comes one day after Trump doubled down on comments that kids don’t need more than a few dolls.