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Nike, tariffs

Reuters on MSN · 3h

Nike says US tariffs will add $1 billion to costs, plans to reduce China production

Nike expects U.S. tariffs on imports to add around $1 billion to its costs, the sportswear giant said on Thursday, detailing how it aims to reduce its reliance on production in China and mitigate the impact.

Business Insider on MSN · 1h

Nike plans 'surgical' price increases as it expects $1 billion hit from tariffs

Nike said it's raising prices to offset $1 billion in tariff costs, while it works on diversifying its sourcing and reducing its reliance on China.

Wall Street Journal · 17h

Nike Projects $1 Billion Increase in Tariff Costs This Fiscal Year

Nike said it expects tariffs to increase its costs by $1 billion this fiscal year. The company said it plans to pass through some of these costs with “surgical” price increases on its products this fall.

China, Trump

Financial Times · 1h

Donald Trump says US-China trade truce has been ‘signed’

Donald Trump said on Thursday the US and China had signed a trade deal two weeks after saying they had reached an understanding in London about how to implement a ceasefire in the countries’ dispute. “We just signed with China yesterday,” the president said at the White House on Thursday, without providing any details.

Cryptopolitan on MSN · 1h

EU says it's 'ready' to make a trade deal with Trump as China finalizes its own

The European Union has confirmed it’s now open to signing a trade deal with President Trump, right as the United States locks in a separate deal with China. On Thursday, during a summit in Brussels, EU officials said a new American proposal had been submitted and shared with European Commission President Ursula von der Leyen,

Bloomberg on MSN · 2h

US-China Truce Signed, 10 Trade Deals Imminent, Lutnick Says

The US and China finalized a trade understanding reached last month in Geneva, US Commerce Secretary Howard Lutnick said, adding that the White House has imminent plans to reach agreements with a set of 10 major trading partners.

4hon MSN

US demand for China-made goods ebbs on tariff worries; ocean shipping rates drop

By Lisa Baertlein LOS ANGELES(Reuters) -Rates for shipping cargo containers from China to the U.S. have dropped by more than ...

2hon MSN

US, China Have Finalized Tariff Understanding, Lutnick Says

The US and China have finalized a trade understanding reached last month in Geneva, US Commerce Secretary Howard Lutnick said ...

10hon MSN

The trade war hit. These U.S. ports felt the crush of Trump’s tariffs.

When President Donald Trump’s historically high tariffs on China hit, they disrupted the supply chain and the flow of ...

5h

Trump tariffs live updates: Trump may extend tariff deadline, CEA chair Stephen Miran says

The White House Council of Economic Advisers chairman Stephen Miran told Yahoo Finance on Thursday that he expects the Trump ...

CNET on MSN1d

Tariffs Explained: What to Expect on Prices as Trump Confirms Higher China Rates

Donald Trump continues to ramp up tariff rates even as they face pushback in court. Here's what it will mean for you and your ...

12hon MSN

Reeling from Trump rebukes, Europe weighs deeper ties with China

China hopes for a Europe detached from the U.S. and is sensing an opportunity now to divide the West. For the past several ...

1don MSN

Chinese Toymaker Takes Drastic Action to Survive Trump’s Tariffs

A producer of toys for American children fights to remain central to the global supply chain despite efforts to cut China out ...

1hon MSN

EU Considers Lowering Tariffs on U.S. Imports in Effort to Woo Trump

BRUSSELS—The European Union is considering lowering tariffs on a range of U.S. imports in a bid to clinch a speedy trade deal ...

Money Talks News on MSN1d

Trump Tariffs Threaten Store Shelves As China Shipments Plummet

President Trump's 145% tariff on Chinese goods has retailers canceling shipments. Industry experts warn of empty shelves ...

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