📰 Crypto & Economy$BTC
1️⃣ Trump Celebrates Court Victory on Tariffs
Former President Donald Trump today celebrated a favorable decision by a federal appeals court regarding his trade tariff policy.
The court reaffirmed the constitutionality of his tariff measures, allowing them to remain in effect. Trump described the decision as "a great victory for American workers and domestic manufacturing."
2️⃣ Trump’s Tariffs Impact Nike
The tariffs imposed by Trump throughout the year have put pressure on major brands that rely on production in countries like China, Vietnam, and Indonesia.
Nike, for instance, was directly affected: since June 1st, the company has increased the prices of sneakers and apparel in the U.S. by $2 to $10, passing those costs on to consumers — a move analysts had already anticipated.
3️⃣ Domino Effect in the Footwear Industry
Nike’s price hike is not an isolated case. Several industry players — such as Adidas, Skechers, and Under Armour — have requested tariff exemptions from the Trump administration for the footwear sector.
The FDRA group emphasized that these high tariffs (ranging from 20% to 54%) are weighing heavily on global supply chains and threatening jobs across the industry.
✅ Why Does It Matter?
📈 Global Industry on Alert:
Trump’s court victory reinforces his ongoing hardline stance on trade, maintaining pressure on major global brands.
💵 Consumers Feel the Impact:
Nike has already passed some of these costs onto buyers, and more brands are expected to follow — directly affecting the retail prices of shoes and clothing.
🔄 Ripple Effects on Supply Chains:
The footwear industry is now seeking alternatives while tracking regulatory developments that could reshape the global sector.
🧩 Strategic Context
Trump continues to use tariff policy as both a political and economic tool, potentially creating long-term effects on inflation and the competitiveness of American companies.
