Nike and Adidas tennis are expensive after Trump announces Vietnam
Giants of footwear and textile industry are facing a new turmoil after the president in their supply chains USAWere, and,, and,, and,, and,.. Donald TrumpImpose tariffs VietnamOne of the main production centers of the world.
On Wednesday, on Wednesday, the United States applied a 46% rate on Vietnamese products, and Trump expanded the trade dispute over many countries.
Nike and Adidas, which have been strongly invested in Vietnamese production in recent years, are now experiencing the effects of measurement. Currently, half the shoes Nike And 39% of models Adidas Are made in the country according to information from Bloomberg.
Oh Vietnam It is the main supplier of these brands, producing the production of more than 20 billion in the annual income of the product. Nike shares fell 6% of the negotiations after the market ended in New York.
Mutual rates
United States President Donald Trump announced Wednesday, Wednesday Mutual tariffs for products of 25 countries. The American shows a table and said this measure is trying to correct injustices with the country’s industry and products.
Brazil has a 10% rate on its products. Like the United Kingdom and Singapore, Colombia, Chile and Australia, it is on the fare floor. For example China is 34%.
The announcement was made that there were their secretaries at an event at the White House Garden. Trump said it was today “Liberation Day”The US is no longer dependent on foreign exports and in its view, other countries are exploited.
Look at the taxable countries by the USA
| Country | Charged tariffs | Mutual rates |
| China | 67% | 34% |
| European Union | 39% | 20% |
| Vietnam | 90% | 46% |
| Taiwan | 64% | 32% |
| Japan | 46% | 24% |
| India | 52% | 26% |
| South Korea | 50% | 25% |
| Thailand | 72% | 36% |
| Switzerland | 61% | 31% |
| Indonesia | 64% | 32% |
| Malaysia | 47% | 24% |
| Cambodia | 97% | 49% |
| United Kingdom | 10% | 10% |
| South Africa | 60% | 30% |
| Brazil | 10% | 10% |
| Bangladesh | 74% | 37% |
| Singapore | 10% | 10% |
| Israel | 33% | 17% |
| Filipiny | 34% | 17% |
| Chile | 10% | 10% |
| Australia | 10% | 10% |
| Pakistan | 58% | 29% |
| Turkey | 10% | 10% |
| Sri Lanka | 88% | 44% |
| Columbia | 10% | 10% |
