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.

The latest US tariffs, particularly 46% on Vietnam, threaten the supply chains of major footwear brands like Nike and Adidas, which rely heavily on Vietnamese production. The tariffs may increase consumer prices and impact Vietnam's $44 billion export market.

President Donald Trump announced a new wave of tariffs on imports yesterday, which had an immediate negative impact on the sportswear industry. Stocks from footwear companies like Nike began plummeting during after-hours trading on Wednesday and continued into Thursday,