India  
 
NewsR.in

Trade pain, stock gain: Nike shares jump 15% as it shifts production from China; braces for $1 bn tariff blow, price hikes ahead

IndiaTimes Friday, 27 June 2025 ()
Nike shares rose after announcing a production shift from China. The company anticipates tariff costs of $1 billion. Price increases are expected in the US this fall. Nike aims to reduce Chinese footwear production to single digits by 2026. Trade agreement details between the US and China remain unclear.
0
shares		ShareTweetSavePostSend
 

You Might Like


Related videos from verified sources

How could the US-China trade rearrangement affect Europe? [Video]

How could the US-China trade rearrangement affect Europe?

How could the US-China trade rearrangement affect Europe? Amid the pressures posed by unpredictable US-China trade relations, many US firms are considering alternative supply sources to avoid rising..

Credit: euronews (in English)     Duration: 01:30Published
U.S-China Trade Deal: Fragile Truce Or Lasting Trade Deal? | China Confirms Trade Deal With U.S [Video]

U.S-China Trade Deal: Fragile Truce Or Lasting Trade Deal? | China Confirms Trade Deal With U.S

President Donald Trump has confirmed a new trade deal with China focused on expediting rare earth shipments to the U.S. After secretive negotiations in London, Beijing has agreed to ease export..

Credit: Oneindia     Duration: 03:17Published
Volvo Cars CEO: dual tech for China and the West is new trade reality [Video]

Volvo Cars CEO: dual tech for China and the West is new trade reality

Volvo Cars CEO: dual tech for China and the West is new trade reality Tech restrictions and tariffs show “we’re going into a more regional world” said the head of the Swedish..

Credit: euronews (in English)     Duration: 02:07Published