Trump tariffs: Nike says US trade policies could cost it $1bn

Why are tech stocks breaking out now? What drove S&P 500 to record intraday highs? How will US-China trade truce impact markets? Why is oil price declining despite Middle East tensions? What caused Nike's $1 billion tariff cost increase? How is AI reshaping Salesforce's workforce? Why did Tesla fire its head of manufacturing?

Trump tariffs: Nike says US trade policies could cost it $1bn

bbc.com/news/articles/c8d6gpnmvq6o

Nike says Trump tariffs could raise its costs by $1bn
Nike says US President Donald Trump's tariffs on key trading partners could add around $1bn (£730m) to its costs this year.
Company executives also said the the sportwear giant would cut its reliance on producing goods in China to…

This story appeared on bbc.com, 2025-06-27 03:05:04.881000.