How might tariffs change the price of Nike's iconic trainers?

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What impact will the introduction of hefty tariffs on countries in Asia have on Nike's iconic US shoe?

Matt Powers from the Powers Advisory Group says the lack of American textile mills will make it "difficult and expensive [for Nike] to pivot production back to the US".

Simeon Siegel, managing director at BMO Capital Markets, says most companies were looking at Wednesday's announcement as "still far from the final conclusion"."I don't think that many people believe that those numbers are etched in stone just yet," he says.

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Category: Business

Markets: United KingdomChinaIndiaIndonesiaJordanVietnam

Topics: Shoe Products China Prices Tariffs Tariff Says Price Other Nike

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-05 @ 03:55:00 (17 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 1177 words

Reading Time: 7 minutes read

Sentences: 50 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 27596727

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