This thing is going to backfire says MGA CEO

In an Interview on CNN Business with Richard Quest, Isaac Larian, president and CEO of MGA Entertainment (LOL Surprise, Little Tikes etc) said “Don’t mess with Santa’s supply chain” and suggested that President Donald Trump’s universal tariffs are going to backfire. He also said that he believes the tariffs could make manufacturing certain toys in the US, “absolutely impossible.” 

It’s only a 90 second view (excusing the initial ad) and well worth watching.

https://edition.cnn.com/2025/04/05/business/video/trump-tariffs-toy-company-ceo-richard-quest-digvid

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