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Nike Faces $1 Billion Cost Surge Due to Trump's Tariff War

Nike Faces $1 Billion Cost Surge Due to Trump's Tariff War

BUSINESS - 6/27/2025

Nike is bracing for a staggering $1 billion cost increase due to tariffs from Trump's trade war, prompting price hikes and a shift in manufacturing. As revenues plunge, can Nike turn things around?

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