On Wednesday, Trump imposed a 46% tariff on goods from Vietnam — among the steepest of the countries he targeted — that threatens to devastate its manufacturing industries.Nike has become a symbol of ...

Nike has made an expansive effort to convince consumers, investors and others that it is improving the lives of factory ...

“The tariff itself is absurd,” said Pham, whose factories work on goods that end up at ... suppliers for companies like Nike and Apple doubled down on Vietnam to avoid the tariffs. Foreign businesses ...

Suppliers in Vietnam, Indonesia and China make 95% of the sneaker company’s manufactured goods. Like most U.S. footwear brands, Nike has long relied on Asia factories to produce its products.

Top U.S. brands like Nike have spent years shifting away from Chinese factories as political tensions ... and Puma PUMG.DE dropped sharply after Vietnam was targeted with a 46% tariff rate ...

Economist Peter Schiff warned on Thursday that Nike Inc. (NYSE:NKE) won’t shift production to the United States despite newly imposed tariffs, predicting higher prices and reduced domestic sales for ...

Nike shares are tumbling 13% in intraday trading Thursday after President Donald Trump imposed steep reciprocal tariffs on ...

Nike has become a symbol of corporate fallout from Trump’s tariff blitz. Read more at straitstimes.com. Read more at straitstimes.com.

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 ...