Nike: Tariff Agreement as a Gamechanger - Product Innovations Set New Impulses!

Nike (NYSE: NKE) welcomes the new tariff agreement between the United States of America and China, which includes a reduction in import tariffs on products from China. The decision brings significant relief to global supply chains and supports Nike in successfully launching new products. Tariff Reduction Gives Nike Breathing Room in Global Supply Chains Under the agreement, US tariffs on imports from China, where Nike manufactures many of its products, will be reduced from 90% to 30% starting May 14 – a significant drop compared to previous...