Barbie maker Mattel says it will put up the prices of some of its toys in the US as President Donald Trump's tariffs increase its costs. The firm also says it will cut the number of products it makes in China for the American market. At the same time, car making giant Ford says the levies will cost it about $1.5bn (£1.13bn) this year.

Mattel says the uncertainty about tariffs and consumer demand makes it difficult to forecast its sales and earnings for the rest of the year.