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Why Nike Stock Was Sliding Today

CHINA, JUL 8 – Nike warns tariffs will cost $1 billion as it shifts production away from China; Jabil invests $500 million to create 1,200 jobs in North Carolina amid manufacturing changes.

Summary by The Globe & Mail
Motley Fool Press Release.

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Bias Distribution

  • 67% of the sources are Center
67% Center
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The Globe & Mail broke the news in Canada on Tuesday, July 8, 2025.
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