Donald Trump, Nike and Tariffs
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Inc.com |
Prices of Nike Jordan and Adidas Samba sneakers are likely to rise in the United States after President Donald Trump imposed a raft of new tariffs on key manufacturers of sportswear and apparel includ...
Reuters |
Walmart remains the biggest U.S. importer. About 60% of its imports, particularly items such as clothing, electronics and toys, are from China.
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The president’s statement helped boost shares in apparel brands Nike, Lululemon, and American Eagle — all of which have major operations in the country.
President Donald Trump’s tariffs will raise the prices on some goods more dramatically than others. See which items will suffer the biggest jumps.
AMERICANS are being urged to rush to the shops to pick up some important and essential items before Donald Trump’s sweeping global tariffs kick in. US citizens will likely have to bear the
The president announced sweeping tariffs on Wednesday in an effort to reset global trading relationships. Here’s what you need to know.
In an exclusive interview with NBC News, President Donald Trump said there were methods that would allow him to seek a third term in the White House.
In an address from the White House rose garden, Trump announced a baseline tariff of 10% on all imported goods. However, tariffs were set significantly higher on roughly two dozen countries where the US runs a trade deficit, with many of the fashion industry’s biggest production centers among them.
Trump has repeatedly called April 2 "Liberation Day." He is expected to enact reciprocal tariffs on major trading partners, especially those that contribute the most to the $1.2 trillion U.S. trade deficit.
The world’s largest footwear and apparel companies are facing a shock to their supply chains after President Donald Trump targeted Vietnam, a critical production hub, with tariffs this week.