Nike's stock is sinking as it braces for Trump's tariffs ...Middle East

Quartz - Economy
Nikes stock is sinking as it braces for Trumps tariffs
source : Quartz ( Middle East ) () 50

Nike’s (NKE) stock fell about7% on Friday morning after the shoemaker conceded that President Donald Trump’s new tariffs are putting pressure on its operations, affecting its earnings outlook.

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