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How might tariffs change the price of Nike's iconic trainers?
Swiss bank UBS estimates that there will be a 10% to 12% increase in the prices of goods that come from Vietnam - where Nike produces half of its shoes. Meanwhile, Indonesia and China account for almost all of the balance of its trainer production.
Nike shares are tumbling 13% in intraday trading Thursday after President Donald Trump imposed steep reciprocal tariffs on ...
Nike already moved much of its factory production out of China to mitigate the risk of a trade war, so in some way it's ...
Some household names will feel the pinch from Vietnam tariffs. Nike manufacturers about half of its footwear ... included the estimated impact from tariffs on imports from China and Mexico.
The average U.S. tariff rate on footwear from Vietnam is 13.6% ... which holds Nike shares. "But what if it gets worse?" INDUSTRY BRACES FOR IMPACT Some smaller, younger sportswear brands are ...
Nike Inc. (NKE) has found itself caught in the crosshairs of ongoing tariff updates, particularly following the latest round ...
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How tariffs impact major sportswear brandsNike, Adidas, Puma and others saw shares drop sharply after Trump imposed hefty tariffs on countries, including Vietnam, Indonesia and China, where those companies make many of their products ...
Nike (NYSE:NKE) and Lululemon (NASDAQ ... productive call with Vietnamese officials on trade tariffs. Trump stated on Truth Social that Vietnam's General Secretary To Lam expressed willingness ...
Speculation about tariffs’ impact on the fashion ... nearly a third of its apparel in Vietnam. “When that shirt or pair of shoes arrive at the US border, Nike buys it from some producer.
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