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Shares in Nike NKE.N, Adidas ADSGn.DE and Puma PUMG.DE dropped sharply after Vietnam was targeted with a 46% tariff rate, Cambodia with 49%, Bangladesh with 37% and Indonesia with 32% ...
The bulk of Nike goods are manufactured in Vietnam, Indonesia or China. (Luong Thai Linh/Shutterstock) Nike shares took a big hit Thursday morning following President Trump’s tariff announcement ...
Prices of Nike Jordan and Adidas Samba sneakers are likely to rise in the U.S. after President Donald Trump imposed a raft of new tariffs on Vietnam, China, and Indonesia, key manufacturers of ...
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