Vietnam, Nike and Indonesia
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The new tariffs would increase the average U.S. import tariff rate on apparel from 14.5% in 2024 to 30.6%, according to calculations by Sheng Lu, professor of fashion and apparel studies at the Unive...
From USA TODAY
Prices of Nike Jordan and Adidas Samba sneakers are likely to rise in the U.S. after President Donald Trump imposed a raft of new tariffs on Vietnam, China, and Indonesia, key manufacturers of sportsw...
From Reuters
Nike stock was down nearly 13% Thursday morning on the news.
From Yahoo! Sports
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Vietnam's foreign ministry on Friday said it regrets the U.S. decision to impose reciprocal tariffs on its exports.
Facing a 46 per cent tax on export, Hanoi is one of the most striking victims of Trump’s take-no-prisoners trade war.
Vietnam's Prime Minister, Pham Minh Chinh, pledged on Thursday to maintain the country's economic growth target of at least 8% for this year, despite the U.S. imposing a hefty 46% tariff on the Southeast Asian nation's exports.
HANOI (Reuters) - China's President Xi Jinping and European Union leaders are set to visit Vietnam in the next few weeks in a swirl of diplomatic activity amid growing risks from U.S. trade tariffs, officials said.
What looked like a safe bet to move manufacturing supply chains out of China is turning out to be a nightmare for many big retail brands.
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Trump's reciprocal tariffs are poised to raise duties on Chinese imports to 54%. In addition, the White House is imposing a base 10% tariff on imports from most foreign countries.
Vietnam, in a race to head off possible new US tariffs, announced it slashed import levies on a range of products, including liquefied natural gas and automobiles, according to a statement on the government’s website.
Gen. John Vogt Jr., commander of Air Forces in Vietnam/Thailand, canceled the day’s 150-plane strike mission to Hanoi and dedicated the more than 150 aircraft to rescuing Locher. Despite a record 23 days of evasion deep in enemy territory, Sikorsky HH-3 Jolly Green Giant rescue helicopters extracted Locher with no injuries and no losses.
Luke Sparke’s sci-fi horror take on Ethan Pettus’ book where U.S. soldiers discover jungle enemies including primordial beasts will hit theaters this summer.