Sneaker and Apparel Retailers Blindsided by Tariffs on Asian Factory Hubs

Shares in Nike, Adidas and Puma plummeted after Vietnam, the second-biggest apparel exporter to the US, was hit with a 46 percent tariff rate.

Apr 3, 2025 - 20:30
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Sneaker and Apparel Retailers Blindsided by Tariffs on Asian Factory Hubs
Shares in Nike, Adidas and Puma plummeted after Vietnam, the second-biggest apparel exporter to the US, was hit with a 46 percent tariff rate.