How Trump’s tariffs could affect Nike and its workers

How Trump’s tariffs could affect Nike and its workers

In May 2015, President Barack Obama gave a big speech about dropping trade barriers with other nations. He delivered it on a sunny day at Nike’s world headquarters in Oregon.

How Trump’s Tariffs Could Affect Nike and Its Workers

The sportswear company offers a case study in the ripple effects of the global trade war, including how workers can get squeezed.

Footwear Titans Nike, Adidas Call Tariffs An 'Existential Threat', Appeal To Trump For Relief: 'The American Footwear Industry Does Not Have Months To Adjust Business Models...' - adidas (OTC:ADDYY), Nike (NYSE:NKE)

Leading American footwear companies, Nike, Adidas, Skechers, and others have approached President Donald Trump, seeking an exemption from tariffs.

Along with those of Big Tech, the actions of the great sports footwear manufacturers were the first to suffer on the Stock Exchange after the announcement of the reciprocal duties wanted by Donald Trump. The reason is obvious: the sector has largely relocated to China and Southeast Asia and the tariffs will force it to increase not little the prices for the final consumers. So it is not surprising if in recent days the association of Footwear Di…

Nike, Under Armour among shoe brands urging tariff exemptions as back-to-school looms – RetailWit

About 80 companies signed a letter from the Footwear Distributors and Retailers of America to President Trump, warning that “inventory for U.S. consumers may soon run low.”

Oregon shoe giants ask Trump to drop tariffs on imported shoes, ‘tens of thousands of jobs’ at stake

Some of Oregon’s largest companies, including Nike, Adidas and Columbia Sportswear, are asking Washington, D.C., for exemptions to President Donald Trump’s planned overseas tariffs, saying such a tax would bring about an “existential threat” to their business.