Nike Joins List Of Companies Increasing Prices Due To Tariffs

Consumer can expect an increase in costs for apparel and equipment imported from overseas.

Nike is joining the list of companies that are planning to raise prices due to Trump’s tariffs.

Consumer can expect an increase in costs for apparel and equipment imported from overseas.

Price bumps will vary on different items, with mark-ups ranging from $2 to $10. Footwear priced between $100 and $150 will increase by $5. Shoes costing more than $150 could face a $10 upcharge.

The increases are set to go into effect by June 1, nearly a month prior to the onset of Trump’s tariffs. A 90-day pause was implemented on tariffs for several nations, including Vietnam, where Nike manufactures large portions of their products.