India, May 10 -- President Donald Trump threatened to levy a 100 percent tariff on Mattel, the company that makes Barbies, following the firm CEO Ynon Kreiz's announcement that the firm would continue to manufacture outside of the United States while reducing its reliance on Chinese imports.

"I've heard [Mattel] said: 'Well we're going to go counter, we're going to try going someplace else,'" the US President stated in the Oval Office on Thursday. "That's OK, let him go, and we'll put a 100 percent tariff on his toys, and he won't sell one toy in the United States, and that's their biggest market."

Trump's warning against Mattel comes as toys, especially dolls, have become a hot topic about tariffs and the trade policies of his administ...