Nike soars on a production shift away from China, but it warns of a $1 billion tariff hit - AP News

6/27/2025

Nike soars on a production shift away from China, but it warns of a $1 billion tariff hit  AP NewsNike stock surges as company forecasts smaller sales, profit drops while tariff costs near $1 billion  Yahoo FinanceWhy Your Next Pair of Running Shoes May Be More Expensive  Business InsiderTrump tariffs: Nike pledges to cut reliance on Chinese factories  BBCNike says its tariff bill is $1 billion  CNN...

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