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Nike, Crocs, Deckers face heat as Trump tariffs hit Southeast Asia
short by / on Monday, 4 August, 2025
Footwear giants Nike, Crocs, Deckers, and ON Holdings face tariff headwinds as US duties on Vietnam and Indonesia exports rise to 20% and 19%. China may see a 30% rate from August 12. Shares fell last week, with Deckers down 11.6%. Nike warns of $1B in costs. Stocktwits sentiment is bearish for Nike and Deckers, but bullish for Crocs and ON.
read more at Stocktwits