- The industry trend of importers shifting manufacturing bases from China to Vietnam and India is being analyzed in light of Donald Trump's tariffs, with input from Capital Economics.
- Trump's tariffs are pressuring Nike and other companies to diversify supply chains away from China toward Southeast Asian nations like Vietnam and Indonesia.
- Trump tariffs caused a $1 billion hit to Nike, leading to warnings of higher prices and inflation concerns as companies adjust sourcing from China.
The Trump administration reached a trade deal with China, leading Nike to reduce U.S. imports of China-produced products.
1 report, 0 independent
Updated Jun 28
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What happened
The Trump administration reached a trade deal with China, leading Nike to reduce U.S. imports of China-produced products.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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Nike
American athletic equipment company
Related events
Coverage
Newest first; wire copies grouped- Unknown outlet