Nike Stock Is Tumbling Thursday: Here's Why
Benzinga (Thu, 03-Apr 10:31 AM)
Nike Inc (NYSE:NKE) shares are tumbling Thursday after U.S. President Donald Trump announced sweeping reciprocal tariffs on several countries around the world.
What To Know: Nike shares are falling sharply Thursday morning as Trump administration tariffs threaten the company’s supply chain.
Nike imports most of its products from Vietnam, China and Indonesia. Close to 50% of all Nike footwear is currently made in Vietnam, according to
