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Uniqlo, Adidas warn of US price hikes as Trump tariffs begin
short by / on Friday, 1 August, 2025
Adidas and Uniqlo warn of higher US prices as Trump's tariffs hit key Asian apparel hubs. Vietnam, Bangladesh, and others face import duties of up to 36%. Adidas projects €200 million in added costs. Brands like Nike, Gap, and H&M also expect price hikes, despite stockpiling goods in the US ahead of the August 1 deadline.
read more at Stocktwits