Nike announced it will be raising prices for apparel and equipment sourced from overseas in response to President Donald Trump’s tariffs.
Company executives plan to boost costs on a variety of items ranging from $2 to $10, The Hill reported Wednesday, citing a person familiar with the matter. Footwear priced between $100 and $150 will increase by $5, and shoes priced at more than $150 could face a $10 price hike.
“We regularly evaluate our business and make pricing adjustments as part of our seasonal planning,” a company spokesperson told The Hill.
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