News

Nike’s 30-Year Gamble on Vietnam Is Rattled by Trump Tariffs
On Wednesday, Trump imposed a 46% tariff on goods from Vietnam — among the steepest of the countries he targeted — that ...
Why Trump’s tariffs on Vietnam are so devastating to Nike, Adidas, and other sneaker companies
Companies in furniture, hardware, and apparel are all at risk. But shoes and sneakers may top the list. On Wednesday, Trump ...
Goodbye to the dream of Nike factories in the US: economic experts say benefits do not outweigh the costs of shifting production
Major US companies are already making clear that they will not shift production to the US, even as steep tariffs on their ...
Peter Schiff Says Nike 'Won't Build Factories' In US, They Will Sell To Countries Like China: A Much Better Strategy Amid Trump Tariffs
Economist Peter Schiff warned on Thursday that Nike Inc. (NYSE:NKE) won’t shift production to the United States despite newly ...
Nike Stock Tumbles as US Tariffs Hit Asian Suppliers
Nike shares are tumbling 13% in intraday trading Thursday after President Donald Trump imposed steep reciprocal tariffs on ...
Nike’s 30-year gamble on Vietnam rattled by Trump tariffs
The backbone of Nike Inc.’s supply chain is being hammered by President Donald Trump’s global tariff campaign, straining a ...
Business Times7d
Nike’s 30-year gamble on Vietnam is rattled by Trump tariffs
Nike entered Vietnam in 1995 with five contract footwear factories, part of a long-term bet by co-founder Phil Knight. It was a gamble because the industry was still developing and its workforce ...
Los Angeles Daily News7d
Nike’s 30-year gamble on Vietnam rattled by Trump tariffs
Nike entered Vietnam in 1995 with five contract footwear factories, part of a long-term bet by cofounder Phil Knight. It was a gamble because the industry was still developing and its workforce ...