With the new tariff rates in place today, we estimate a gross incremental cost increase to Nike of approximately $1 billion.

With tariffs leading to price hikes, Nike plans to shift production and reduce its reliance on Chinese manufacturing by the ...

Nike’s shares are rising sharply after saying it plans to shift some of its production away from China. The footwear and clothing company also said late Thursday that tariffs imposed by the Trump ...

Wall Street hits record highs as investors cheer a U.S.-China trade deal, upbeat earnings, & a hot May PCE report.

Textile producers, electronics manufacturers and car suppliers are among those trying to make sense of a market in turmoil ...

US stocks hit record highs as S&P500 and Nasdaq surge. Trade hopes, inflation data, and tech stocks drive a bullish forecast ...