#TrumpTariffs $TRUMP This appears true — former President Donald Trump has recently imposed steep, unilateral tariffs on imports from countries such as China, Vietnam, and Indonesia, pushing through duties as high as 46%–54% on apparel and footwear .

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 .