Hasbro executives forecast major profit cuts from Trump tariffs; HQ relocation still TBD • Rhode Island Current

Hasbro executives forecast major profit cuts from Trump tariffs; HQ relocation still TBD • Rhode Island Current

A Mr. Potato Head stands vigil outside Hasbro Inc's headquarters on Newport Avenue in Pawtucket. (Photo by Alexander Castro/Rhode Island Current)You wouldn’t know there was an escalating global trade war by looking at Hasbro Inc.’s first-quarter balance sheet. But the Pawtucket company’s $887 million first-quarter profit doesn’t reflect $100 million to $300 million revenue in losses projected for this year as a result of “reciprocal” tariffs wit…