Nike, Columbia Sportswear stocks fall after Trump announces tariff hikes

Sneaker, apparel retailers blindsided by tariffs on Asian factory hubs

Prices of Nike Jordan and Adidas Samba sneakers are likely to rise in the US after President Donald Trump imposed a raft of new tariffs on Vietnam, China, and Indonesia, key manufacturers of sportswear and apparel. Shares in Nike, Adidas, and Puma dropped sharply on Thursday, April 3, after Vietnam was targeted with a 46% tariff rate, Cambodia with 49%, Bangladesh with 37% and Indonesia with 32%, while Trump hiked tariffs on China by an extra 34…

Women's underwear prices could soar under Trump tariffs

Trump's 46% tariff on Vietnam could spike U.S. underwear prices, hitting brands like Skims, Nike and Adidas reliant on Asian manufacturing.

Nike, Adidas and Puma left bleeding after tariffs hit Vietnam

Shares in Nike, Adidas and Puma dropped sharply on Thursday after US President Donald Trump imposed a raft of new tariffs, including on Vietnam, Indonesia, and China, key sourcing markets for the sportswear companies.

The world's largest shoe and clothing companies face a shock in their supply chains after President Donald Trump announced new tariffs on Vietnam and other critical production centers.The U.S. imposed a 46 percent reciprocal tariff on Vietnamese products on Wednesday as part of Trump's growing trade war with countries around the world.Other new tariffs include 49 percent on Cambodia, 34 percent on China, and 32 percent on Indonesia.Nike Inc. and…

Nike, Nordstrom, other apparel companies vulnerable to Trump tariffs

Apparel companies' reliance on imported goods could mean economic pain from fresh tariffs imposed on Asian countries.

Nike, Columbia Sportswear stocks fall after Trump announces tariff hikes

Shares of Nike plunged 7% in after-hours trading on Wednesday after President Donald Trump announced sweeping new tariffs, including a steep tariff on imports from Vietnam, where Nike makes half of its footwear.