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Nike CEO Elliott Hill Says Nike Facing $1.5B in Tariffs This Fiscal Year

Posted

May 11, 2026

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Nike CEO Elliott Hill said recently that Nike faced $1.5 billion in tariffs this fiscal year. Hill admits that a “small” portion of it was passed on to consumers.

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Nike CEO Elliott Hill

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Nike CEO Elliott Hill Says Nike Facing $1.5B in Tariffs This Fiscal Year · Today · Sentinel