June 13, 2026
The Beaverton, Oregon-based company has said it paid about $1 billion in tariffs on imported goods as a result of Trump's actions
US President Donald Trump's sweeping tariffs on imports from key trading partners could add around $1 billion to Nike's costs
Foot Locker, a major Nike retailer, disclosed in its earnings March 5 that promotional pressures would hurt its profit margins in the year ahead
