Trump tariffs: Nike says US trade policies could cost it $1bn
Source: BBC
Peter HoskinsBusiness reporterNatalie ShermanBusiness reporterEPA-EFE/REX/ShutterstockNike says US President Donald Trump's tariffs on key trading partners could add around $1bn (£730m) to it costs this year.Company executives also said the the sportwear giant would cut its reliance on producing goods in China to ease the impact of US trade policies.Last month, Nike said it would raise prices on some trainers and…
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