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Nike Warns Trump Tariffs Could Spike Costs by $1 Billion This Year

Nike Warns Trump Tariffs Could Spike Costs by $1 Billion This Year

BUSINESS - 6/27/2025

Nike announces that President Trump's tariffs may increase its costs by $1 billion this year, prompting the company to shift production away from China. Amidst fluctuating trade policies, what does this mean for sneaker prices?

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