Uniqlo, Adidas warn of US price hikes as Trump tariffs begin
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.