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ID: 54783661 Video

Headline: UNCAPTIONED: Nike to Increase Prices Amid Tariff Uncertainty

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Nike to Increase Prices Amid Tariff Uncertainty. Nike will raise prices on certain trainers and clothing starting 1 June, following similar moves by Adidas. While the company hasn't directly linked the price hike to US tariffs, it is likely influenced by the ongoing tariff situation as most of Nike’s products are made in Asia—regions hit by President Trump’s tariffs. From 1 June, Nike shoes priced over $100 will see increases of up to $10, while clothing and equipment will cost an additional $2 to $10. Popular items like Air Force 1 trainers, shoes under $100, and children’s products will not see price hikes nor will Jordan-branded apparel and accessories. Despite the pause on higher tariffs until July, a 10% levy remains in place, impacting imports from several countries.
Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT

Keywords: Current Affairs & Politics,Nike,increase,prices,amid,tariff,uncertainty,Donald Trump,US,President,Asia,products,manufactured,shoes,costs,product,Air Force 1,children’s,Jordan brand,apparel,accessories,price hikes,clothing,equipment,Adidas

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