#TrumpTariffs Trump’s Ultimatum to Nike
Former President Trump publicly issued Nike an ultimatum: either relocate production to the U.S. or face a $7 billion tariff on their imports .
Silence from Nike When Nike didn’t respond, Trump swiftly acted, signaling he was serious about enforcing the tariff.
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What Just Happened
Trump’s threat jolted the market: Nike’s stock took a hit and investors started questioning the security of its $96 billion global empire .
This move is part of a broader push to bring manufacturing—and jobs—back to America, and to use tariffs as leverage .
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The Fallout
Nike, heavily dependent on cheap overseas production (especially in Vietnam), now faces serious pressure .