German manufacturer Adidas has warned that new tariffs imposed by the Trump administration could force the company to raise prices in the US, estimating a €200m cost increase in the second half of 2025. Adidas shares fell 11%, with CEO Bjorn Gulden voicing concerns about consumer reaction to the price hike. Although Adidas will maintain prices on popular models, new products will be affected. Tariffs of 20% on exports from Vietnam and 19% from Indonesia significantly affect costs, but Adidas remains committed to the US market.
Sources
Latest News
09:10
Nicușor Dan, after Moody's decision: Romania must continue efforts to balance finances
08:48
Reactor 2 at Cernavodă is facing operational issues due to strong currents. Authorities are sinking barges to redirect the necessary water.
08:32
Russian attacks around Kyiv: Three dead, including a child
07:51
Devastating fire in Vâlcea: a man dead, a woman rescued
07:35
Bulgaria is facing a pronounced demographic decline, with the number of deaths exceeding births, despite a relatively high fertility rate.
See more news