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Nike, tariffs

BBC on MSN · 1h

Nike says Trump tariffs could raise its costs by $1bn

Company executives say the sportwear giant will cut its reliance on producing goods in China to ease the impact of US trade policies.

Reuters on MSN · 5h

Nike says US tariffs will add $1 billion to costs, plans to reduce China production

Nike expects U.S. tariffs on imports to add around $1 billion to its costs, the sportswear giant said on Thursday, detailing how it aims to reduce its reliance on production in China and mitigate the impact.

Business Insider on MSN · 3h

Nike plans 'surgical' price increases as it expects $1 billion hit from tariffs

Nike said it's raising prices to offset $1 billion in tariff costs, while it works on diversifying its sourcing and reducing its reliance on China.

China, Trump

Financial Times · 3h

Donald Trump says US-China trade truce has been ‘signed’

Donald Trump said on Thursday the US and China had signed a trade deal two weeks after saying they had reached an understanding in London about how to implement a ceasefire in the countries’ dispute. “We just signed with China yesterday,” the president said at the White House on Thursday, without providing any details.

Bloomberg on MSN · 4h

US-China Truce Signed, 10 Trade Deals Imminent, Lutnick Says

The US and China finalized a trade understanding reached last month in Geneva, US Commerce Secretary Howard Lutnick said, adding that the White House has imminent plans to reach agreements with a set of 10 major trading partners.

U.S. News & World Report · 6h

Trump Says a Deal Related to Trade Was Signed With China on Wednesday

President Donald Trump said on Thursday the United States signed an agreement with China on Wednesday related to trade but he did not specify what he was talking about. He made the comment during remarks at a White House event aimed at promoting a government spending bill that he wants Congress to pass by the July 4 holiday.

1hon MSN

China’s Industrial Profits Plummet as Trump’s Tariffs Hit

China’s industrial firms saw their profits drop the most since October, illustrating weakness in an economy strained by ...

6hon MSN

US demand for China-made goods ebbs on tariff worries; ocean shipping rates drop

By Lisa Baertlein LOS ANGELES(Reuters) -Rates for shipping cargo containers from China to the U.S. have dropped by more than ...

12hon MSN

The trade war hit. These U.S. ports felt the crush of Trump’s tariffs.

When President Donald Trump’s historically high tariffs on China hit, they disrupted the supply chain and the flow of ...

4hon MSN

US, China Have Finalized Tariff Understanding, Lutnick Says

The US and China have finalized a trade understanding reached last month in Geneva, US Commerce Secretary Howard Lutnick said ...

7h

Trump tariffs live updates: Trump may extend tariff deadline, CEA chair Stephen Miran says

The White House Council of Economic Advisers chairman Stephen Miran told Yahoo Finance on Thursday that he expects the Trump ...

CNET on MSN1d

Tariffs Explained: What to Expect on Prices as Trump Confirms Higher China Rates

Donald Trump continues to ramp up tariff rates even as they face pushback in court. Here's what it will mean for you and your ...

Stocktwits on MSN1h

US-China Ocean Freight Rates Cool As Trump’s Tariff Threat Looms Large

The rates to move cargo containers from China to the U.S. have more than halved since the beginning of the month, as demand ...

14hon MSN

Reeling from Trump rebukes, Europe weighs deeper ties with China

China hopes for a Europe detached from the U.S. and is sensing an opportunity now to divide the West. For the past several ...

1don MSN

Chinese Toymaker Takes Drastic Action to Survive Trump’s Tariffs

A producer of toys for American children fights to remain central to the global supply chain despite efforts to cut China out ...

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