Reuters
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Nike to cut China reliance to ease tariff hit, sending shares soaring | REUTERS
Posted
June 27, 2025
Views
3,647
Likes
94
Engagement
2.58%
June 27, 2025
3,647
94
2.58%
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1:33Now PlayingNike said it will reduce its dependence on Chinese manufacturing for the US market to offset the impact of US tariffs. The company also projected a smaller-than-expected drop in first-quarter revenue, sending shares up.
#nike #tariffs #markets #china #retail #business #News #Reuters #Newsfeed
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