Nike and General Motors are facing the reality of tariff costs, absorbing or passing them on as of August 15, 2025.
1 report, 1 independent
Updated Aug 15
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What happened
Nike and General Motors are facing the reality of tariff costs, absorbing or passing them on as of August 15, 2025.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Trade deal proposals are causing financial strain on General Motors, potentially costing billions.Sub-event
Nike and GM absorb tariff costs due to trade policy impacts.1 source
Keep exploring
Part of
Trump's tariffs are reportedly negatively impacting the profits of major US automakers, General Motors and Ford.Also in this story
- Donald Trump is pushing policies related to taxes, trade, and border control.
- Ford plans to manufacture vehicles in Spain, while Trump has announced new tariffs affecting trade.
- Tariffs implemented by Trump are reportedly affecting companies in the state of Michigan.
- Trump outlined trade deal terms with Japan, leading to reduced tariffs and criticism from GM executives.
The entities involved
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Nike
American athletic equipment company
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General Motors
American multinational automotive company
Related events
Coverage
Newest first; wire copies grouped- MoneywiseCompanies like Nike have lost billions to Trump tariffs — and Americans are paying for it. How to avoid price hikes While some U.S. companies are taking the President’s advice to “eat the cost” of th