The stock price of Beaverton-based Nike, dropped sharply in response to the news that tariffs against Vietnam would rise 46%. Vietnam produces half of Nike footwear.
The president’s statement helped boost shares in apparel brands Nike, Lululemon, and American Eagle — all of which have major ...
President Trump is imposing a 46% tariff on imports from Vietnam starting April 9. That includes goods like sneakers, ...
President Trump this week announced steep surcharges on products from countries where Nike and others make athletic footwear ...
The Trump administration's aggressive global tariff regime against imported goods from some of its closest allies has drawn ...
Many things about the Trump administration's new global tariffs make little sense. Those tariffs are a huge tax increase on ...
Over the past few years, the world’s largest sneaker companies have increasingly expanded their sourcing footprint in ...
Puma replaces CEO as Arthur Hoeld takes over amidst differing views on strategy execution. Discover the latest leadership ...
The Dow Jones Industrial Average plunged 1,679, or 4%, to end its worst session since the COVID pandemic hit the country in ...
Shares in major sportswear brands tumbled after Trump's global tariff announcement. Vietnam, a key manufacturing source, ...
Top U.S. brands like Nike have spent years shifting away from Chinese factories, but the new tariffs now threaten Southeast ...
Prices of Nike Jordan and Adidas Samba sneakers are likely to rise in the United States after President Donald Trump imposed ...