Trump’s Tariffs Trigger Price Hikes: Nike, Adidas, and Others Pass Costs to U.S. Consumers
In a move that’s sending ripples through the retail sector, sportswear giants Nike and Adidas have announced price increases across their product lines in the United States, citing the financial strain imposed by President Donald Trump’s sweeping new tariffs. These import taxes, targeting goods from over 90 countries, are reshaping supply chains and driving up…