Shares in major sportswear brands tumbled after Trump's global tariff announcement. Vietnam, a key manufacturing source, faces one of the highest tariffs. Consumers are likely to pay more for Nike and Adidas sneakers.

After US president Donald Trump unveiled his new trade tariffs, BBC sports editor Dan Roan looks at what impact the move could have on the world of sport.

Nike stock was down nearly 13% Thursday morning on the news. The company produces 59% of its apparel in Vietnam, China and Cambodia, which were hit with tariffs of 46%, 34% and 49%, respectively. The company also produces half of its footwear in Vietnam and another 45% in China and Indonesia, which will see a 32% tariff.