Nike Raises Prices Amid Tariffs
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price increasesUSA Today
•Business
Business & Economics
Nike announces 'surgical price increase' to mitigate $1 billion hit from Trump tariffs

82% Informative
Nike is taking action to combat the company's estimated $1 billion hit from President Donald Trump 's tariffs.
The news comes after the company announced a series of price increases starting June 1 .
Other retailers, including Walmart and Adidas , have also warned of higher prices due to tariffs.
Federal Reserve Chair Jerome Powell on June 18 said he expects “a meaningful amount of inflation to arrive in coming months ”.
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