Sports actions hit the US tariff news hard on Thursday after

The prices of actions for sports companies that rely on a global supply chain were affected on Thursday after Wednesday announcement by President Donald Trump. New world rates. The largest S&P 500 is down 5 percent.

Starting from Market Close on Thursday, some important sports and clothing clubs have seen a drop in the prices of the shares that varied for just under 10 percent (Lululemon) at almost 20 percent (Under Armour).

A snapshot:

• Under Armour: 18.25%
• Skechers: 17.1%
• On: 16.2%
• Nike: 14.4%
• American Sports: 13.4%
• Dick’s Sporting Goods: 12.5%
• Puma: 11.8%
• Adidas: 11.7%
• Manulton: 96%

The rates just announced include a minimum of 10 percent on all imports in the United States, together with additional rates on a series of commercial partners.

A relationship today sporty Noted that while companies like Nike had reduced their dependence from China as a manufacturing base, many have moved resources to other Asian countries, such as Vietnam, which will now have to face a new series of import taxes.

Vietnam is in line for a new 46 %rate, among the highest Trump announced on Wednesday. This could put a strain on companies such as Nike and Adidas, who are based on Vietnam as part of their world production processes.

Second Nike’s Store of May 2024 With the United States Securities and Exchange Commission, about half of the company footwear came from the factories in Vietnam last year. The structures in Indonesia and China produced another 27 percent and 18 percent of the company’s footwear, respectively. Each of these countries will face rates of over 30 percent. Overall, the factories in Vietnam, China and Cambogia produced about 58 % of all Nike clothing during the tax year of 2024. Cambodian imports will be rates to a further 49 percent if the changes of the administration are underway.

The brands can transmit costs relating to rates for consumers, who could have a series of responses, from the purchase of less goods to the payment of higher prices.

While fans enter four weekends in the basketball of the male and female college, logos on the uniforms of the players – under the armor for the women of the South Carolina and the men of Auburn, Nike (or Jordan Brand) for Duke, Florida and Houston for the part of the men and Ucla, Uconn and Texas on the side of women – they will be in clear memory of economics who could have an impact on the teams Areas fans in San Antonia.

(Photo: Lauren Decicca / Getty Images)