Global sportswear giant Nike is reportedly bracing for a $1 billion blow from US tariffs on Chinese-made imports, a cost surge it admits will be passed, at least partly, onto customers. The warning ...

With tariffs leading to price hikes, Nike plans to shift production and reduce its reliance on Chinese manufacturing by the ...

Nike’s shares are rising sharply after saying it plans to shift some of its production away from China. The footwear and clothing company also said late Thursday that tariffs imposed by the Trump ...

The threat of more severe tariffs continues to hang over the economy. The current pause on a round of retaliatory tariffs ...

Stocks rose and put Wall Street on track to finish the strong week at an all-time high. The S&P 500 rose 0.5% Friday and is ...

While the worst could be behind the company, it has new challenges such as tariffs to face, making a tough turnaround that ...

The move comes after the Trump administration had slapped tariffs on nearly all products from most countries. As reported by Kiplinger, most duties were on pause for 90 days as of April 8, except ...

Nike shares fell 6% after President Trump announced reciprocal tariffs of 46% on Vietnam, 32% on Indonesia and 34% on China. Suppliers in Vietnam, Indonesia and China make 95% of the sneaker ...