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Trainer prices will rise due to tariffs, says Adidas

Source: BBC

Sportswear giant Adidas has warned import taxes imposed by President Donald Trump will lead to higher prices in the US for popular trainers including the Gazelle and Samba."Since we currently cannot produce almost any of our products in the US, these higher tariffs will eventually cause higher costs for all our products for the US market," chief executive Bjorn Gulden said on Tuesday.Clothing manufacturers are…

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Read the original source at BBC