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Nike and Adidas Are Getting Trampled by Trump Tariffs Targeting Vietnam
Over the past few years, the world’s largest sneaker companies have increasingly expanded their sourcing footprint in countries like Vietnam to diversify production outside of China. But with the Trump administration’s “Liberation Day” tariffs taking aim at manufacturing hubs across Southeast Asia,
The president’s statement helped boost shares in apparel brands Nike, Lululemon, and American Eagle — all of which have major ...
12don MSN
Companies in furniture, hardware, and apparel are all at risk. But shoes and sneakers may top the list. On Wednesday, Trump ...
Nike shares are tumbling 13% in intraday trading Thursday after President Donald Trump imposed steep reciprocal tariffs on ...
The sneaker game just got a lot more expensive, and Nike Inc. (NKE) is caught right in the middle of the storm. On April 2, the Trump ...
Nike Inc. (NKE) has found itself caught in the crosshairs of ongoing tariff updates, particularly following the latest round ...
Nike and Lululemon stocks have similar trailing valuations. Nike has a price-to-earnings ratio (P/E) of 18 compared to ...
Nike (NYSE:NKE) is facing fresh pressure after the U.S. government imposed steep new tariffs on imports from Vietnam, a key production hub for the brand. The Trump administration's move ...
The backbone of Nike Inc.’s supply chain is being hammered by President Donald Trump’s global tariff campaign, straining a ...
Trump's reciprocal tariffs also included a 46% tax on imports from Vietnam, which adds another layer of difficulty for Nike. According to The Wall Street Journal, Nike makes 95% of its shoes in China, ...
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