Prices of Nike Jordan and Adidas Samba sneakers are likely to rise in the U.S. after President Donald Trump imposed a raft ofnew tariffs on Vietnam, China, and Indonesia, key manufacturers of sportswear and apparel.
Shares in Nike, Adidas and Puma dropped sharply on Thursday after Vietnam was targeted with a 46% tariff rate, Cambodia with 49%, Bangladesh with 37% and Indonesia with 32%, while Trump hiked tariffs on China
