#FOMCMeeting Washington, D.C. on Tuesday and Wednesday, its | YeZawHtet24 on Binance Square

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#FOMCMeeting Washington, D.C. on Tuesday and Wednesday, its members will discuss what actions to take — or not take — to give the economy the best chance of success in both the short- and long-term. The Fed is widely expected to keep interest rates

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$BTC Washington, D.C. on Tuesday and Wednesday, its members will discuss what actions to take — or not take — to give the economy the best chance of success in both the short- and long-term. The Fed is widely expected to keep interest rates

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$BTC Nike, which relies heavily on production in these countries, has warned that profit margins could be severely impacted, and multiple retailers—including Nike—have begun raising U.S. retail prices by $2–10 per item starting June 1, 2025, likely in response to these tariffs .# Nike’s situation As a major multinational with ~$96B in revenue, Nike is central to discussions on trade shifts. Analysts say a full implementation of these tariffs could wipe out ~95% of its earnings if unabsorbed . Consumer impact The tariffs are being passed on: outside the U.S., Nike plans to raise prices by $5–10 on shoes (apparel by $2–10), excluding children’s products and select iconic lines . Industry groups warn these hikes may hit households and low-income families hardest .

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#TrumpTariffs Nike, which relies heavily on production in these countries, has warned that profit margins could be severely impacted, and multiple retailers—including Nike—have begun raising U.S. retail prices by $2–10 per item starting June 1, 2025, likely in response to these tariffs .# Nike’s situation As a major multinational with ~$96B in revenue, Nike is central to discussions on trade shifts. Analysts say a full implementation of these tariffs could wipe out ~95% of its earnings if unabsorbed . Consumer impact The tariffs are being passed on: outside the U.S., Nike plans to raise prices by $5–10 on shoes (apparel by $2–10), excluding children’s products and select iconic lines . Industry groups warn these hikes may hit households and low-income families hardest .

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