News

Nike soars on a production shift away from China, but it warns of a $1 billion tariff hit
Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it ...
Trump tariffs live updates: Trump says he is terminating trade talks with Canada; US, China clinch truce
President Trump on Friday said he was cutting off trade talks with Canada and threatened to set a new tariff rate on the ...
Trump tariffs live updates: US, China clinch trade deal; Trump says he is terminating trade talks with Canada
President Trump on Friday said he was cutting off trade talks with Canada and threatened to set a new tariff rate on the ...
Topsports Is Racing With Nike and Adidas, but Facing a Competitive Workout
Key vendors like Nike and Adidas are reducing their dependence on wholesale distributors by investing in their own e-commerce stores. This could hit Topsports' sales. Having no intellectual property ...
Nike to reduce China production as tariffs threaten $1 billion cost increase; stock up 11%
Nike (NYSE:NKE) on Thursday said it would cut its reliance on production in China to mitigate the impact of US tariffs on ...
Forex Factory17h
Nike says U.S. tariffs will add US$1 billion to costs, plans to reduce China production
Nike expects U.S. tariffs on imports to add around US$1 billion to its costs, the sportswear giant said on Thursday, ...
Nike plans to reduce China production to soften US tariff blow, shares jump
Nike said it would cut its reliance on production in China to mitigate the impact from U.S. tariffs on imports, and forecast ...
Nike to reduce reliance on China, says U.S. tariffs will add $1-billion to costs
The company aims to shift production to other countries to try and minimize the effect of tariffs on consumers ...