Hasbro Faces $300 Million Tariff Impact, Accelerates Diversification Efforts

Hasbro CEO Chris Cocks and CFO Gina Goetter anticipate a significant $300 million impact from U.S. tariffs on Chinese imports, as detailed in the latest earnings call. This projected impact highlights the challenges faced by manufacturers reliant on Chinese production under increased trade tensions, prompting Hasbro to accelerate its supply chain diversification efforts.