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1 year ago 1 year ago

Nke Stcks Plmmet Fllowing Prsident Trmp’s Triff nnouncement

by Anthony T 1 year ago1 year ago

Nike stocks have plummeted following the announcement of President Trump’s 46% tariff on Vietnam.

Nike stocks fell 6% following the tariff announcement.

The Trump administration also placed a 32% tariff on Indonesia and a 34% tariff on China.

Vietnam, Indonesia and China combined make up 95% of Nike’s manufacturing.

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