06-April-2025
Corporate News
 
Nike can’t ‘just do it’ with US tariffs on Vietnam, set to face big blow in its effort to revive brand
02-Apr-2025

Nike could soon face another blow in its effort to revive its brand and reverse a long decline in sales: U.S. tariffs on imports from Vietnam. On Wednesday, U.S. President Donald Trump is expected to announce which countries and products he will target with a new round of tariffs aimed at encouraging domestic production and coaxing other nations to buy more U.S. goods. Vietnam, which runs a $123.5 billion trade surplus with the United States, is a prime target.

News Source:- https://economictimes.indiatimes.com/news/international/business/nike-cant-just-do-it-with-us-tariffs-on-vietnam-set-to-face-big-blow-in-its-effort-to-revive-brand/articleshow/119873016.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&