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US Tariffs Expected to Raise Nike Shoe Prices by 10-15%
The US tariffs on goods from Vietnam, Indonesia, and China, where Nike manufactures nearly all of its shoes, are projected to raise Nike's prices by 10-15%, according to analysts. The extent of price increase depends on tariff duration and Nike's evaluation of consumer reaction.
US Tariffs Expected to Raise Nike Shoe Prices by 10-15%
The US tariffs on goods from Vietnam, Indonesia, and China, where Nike manufactures nearly all of its shoes, are projected to raise Nike's prices by 10-15%, according to analysts. The extent of price increase depends on tariff duration and Nike's evaluation of consumer reaction.
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