Adidas to Hike U.S. Prices Amid Trump Tariff Pressures
Adidas announced plans to increase prices across its U.S. product lineup, citing escalating tariffs imposed by the Trump administration. The sportswear giant faces production constraints, with key supply chains in China, Vietnam, and Cambodia subject to levies exceeding 40%. No specific price adjustments were disclosed due to ongoing trade uncertainties.
The German apparel firm emphasized its inability to shift manufacturing to the U.S. amidst the global trade conflict. market analysts anticipate ripple effects across consumer discretionary sectors as multinationals grapple with supply chain reconfigurations.