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Nike, Vietnam and Adidas

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President Trump said Friday he had a “productive call” with a top Vietnamese official, adding that the Communist Southeast Asian nation “wants to cut their Tariffs down to ZERO” pending a free trade ...
From New York Post
As of 2023, 78% of adidas' independent manufacturing partners were located in Asia.
From Yahoo! Sports
The companies may not be able to fully offset these tariffs as countering the impact of the levies on Vietnam alone would require price increases of 10% to 12%, according UBS analysts.
From Reuters

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Trump says major Nike producer Vietnam wants to slash its tariffs ‘down to ZERO’ after ‘productive call’
The president’s statement helped boost shares in apparel brands Nike, Lululemon, and American Eagle — all of which have major operations in the country.
Nike, Adidas sneaker prices surge in the US, triggered by tariffs on Vietnam and Indonesia
Top U.S. brands like Nike have spent years shifting away from Chinese factories, but the new tariffs now threaten Southeast Asian supplies.
Shares in sportswear brands Nike, Adidas and Puma slide after tariffs hit Vietnam
Shares in Nike, Adidas and Puma dropped sharply on Thursday after U.S. President Donald Trump imposed a raft of new tariffs, including on Vietnam, Indonesia, and China, key sourcing markets for the sportswear companies.
How tariffs will impact sports merchandise, collectibles
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,
From Nikes to Big Macs: What Trump’s tariffs mean for consumers
Nike shoes, iPhones and diamonds are all collateral in Donald Trump’s trade war, with the prices of all these items and others set to be affected by “liberation day” in the US.
Walmart, Best Buy, Nike's major supply hubs in Asia
President Donald Trump's move to impose sweeping tariffs on U.S. imports could force major retailers to raise prices on products ranging from apparel and footwear to electronics as supply hubs Vietnam,
Sneaker and apparel retailers blindsided by tariffs on Asian factory hubs
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 including Vietnam and Indonesia.
Sneaker prices likely to rise as Trump slaps hefty tariffs on Vietnam, China, and Indonesia
Retailers may not be able to fully offset these tariffs, as countering the impact of the levies on Vietnam alone would require price increases of 10% to 12%, per analysts.
Trump Shoes Nike, and Other Footwear Makers
Having taken the hint from Washington and moved production out of China to Viet Nam, apparel and athletic goods makers are blindsided by tariffs.
Vietnam ready to cut tariffs to zero after being hit by 46% levies, claims Trump
The Southeast Asian country, which serves as a major manufacturing base for many Western companies, had a trade surplus with Washington which exceeded $123 billion last year.
How much Nike, Adidas and Puma source from Asian countries including Vietnam
Apparel makers reliant on Asian sourcing got hammered on Thursday, slammed by President Donald Trump’s hefty retaliatory tariffs.
Adidas, Puma Plunge as Trump’s Tariffs Shock Shoe Supply Chains
Adidas AG and Puma SE plunged amid a shock to their supply chains after President Donald Trump announced new tariffs on crucial shoe and apparel producing countries including Vietnam and Indonesia.
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