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Nike Shares Rise

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Shares of Nike, which gets 95% of its manufactured goods from suppliers in Vietnam, Indonesia and China, fell more than 14% on Thursday after Trump unveiled steep tariffs on all three countries.
From MarketWatch
Prices of Nike Jordan and Adidas Samba sneakers are likely to rise in the U.S. after President Donald Trump imposed a raft of new tariffs on Vietnam, China, and Indonesia, key manufacturers of sportsw...
From Reuters

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Nike, Lululemon Rebound as Trump Touts Call With Vietnam Leader
Shares in companies that have large manufacturing operations in Vietnam, including Nike Inc. and Lululemon Athletica Inc., soared Friday after President Donald Trump said Vietnam was willing to eliminate tariffs to avoid new US levies.
Nike and Lululemon Bet Big on Vietnam. They Bet Wrong.
Trump’s new tariffs are forcing U.S. apparel and shoe makers to scour the world for new places to manufacture.
Nike Shares Rise After Trump Says Vietnam's Leader Wants to Cut Tariffs Down
Nike shares moved higher, recouping some of Thursday's losses, on hopes of a reduced hit from President Trump's tariffs on Vietnam. Shares of the Beaverton, Ore., footwear maker were recently up 4.8%, to $58.26, late Friday morning.
Manufacturers, retailers blindsided by tariffs on Asian garment hubs
Prices of Nike Jordan and Adidas Samba sneakers are likely to rise in the U.S. after President Donald Trump imposed a raft of new tariffs on Vietnam, China, and Indonesia, key manufacturers of sportswear and apparel.
Trump Shoes Nike, and Other Footwear Makers
Having taken the hint from Washington and moved production out of China to Viet Nam, apparel and athletic goods makers are blindsided by tariffs.
Nike Stock Drop Erases $12 Billion in Market Value
Nike shares took a big hit Thursday morning following President Trump’s tariff announcement, falling 13% and erasing more than $12 billion in market value. The new round of tariffs include a 46% rate on goods from Vietnam,
Why Nike shares are bucking the market trend with a 5% gain on Friday
Nike shares recovered on Friday after President Donald Trump suggested a possible agreement with Vietnam to reduce recently announced tariffs.
Nike, Adidas sneaker prices surge in the US, triggered by tariffs on Vietnam and Indonesia
Top U.S. brands like Nike have spent years shifting away from Chinese factories, but the new tariffs now threaten Southeast Asian supplies.
Here’s how much more Nike’s Air Jordans could cost after tariffs hit
Those looking to pick up a pair of the brand’s Air Jordan 1 High sneakers could shell out an extra $18 on top of their current $180 price tag after the new tariff goes into effect April 9, industry sources told The Post. Some of Nike’s other popular sneakers could also spike by between $15 and $35, according to a Footwear News report.
Nike Shares Tumble After Trump Puts 46% Tariff on Vietnam
Nike shares fell 6% after President Trump announced reciprocal tariffs of 46% on Vietnam, 32% on Indonesia and 34% on China. Suppliers in Vietnam, Indonesia and China make 95% of the sneaker company’s manufactured goods.
Vietnam ready to cut tariffs to zero after being hit by 46% levies, claims Trump
The Southeast Asian country, which serves as a major manufacturing base for many Western companies, had a trade surplus with Washington which exceeded $123 billion last year.
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US tariffs on Vietnam would be a blow to Nike and other sportswear brands
Nike could soon face another blow in its effort to revive its brand and reverse a long decline in sales: U.S. tariffs on imports from Vietnam.
Nike, Wayfair, and Other Retail Stocks Rally on Possible Vietnam Tariff Deal
Shares of apparel and footwear makers were rallying Friday after President Donald Trump said Vietnam wanted to cut tariffs on the U.S., a move investors hope will lead to lower import tariffs for Vietnamese products.
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