US President Donald Trump has placed a 46% tariff on all goods imported to the US from Vietnam, causing worries for some US businesses and consumers.
About half of Nike and 39% of Adidas trainers are made in Vietnam, and Samsung also has significant production operations in the country.
Vietnam has been hit with a 46% tariff on goods it wants to import to the US. So a pair of trainers that cost £114 before the tariffs, will now face an import cost of £146.
The exact price at a retail store will depend on how much of the cost Nike – or any firm importing to the US – decides to pass on to the customer.
Subscribe here: http://bit.ly/1rbfUog
For more news, analysis and features visit: www.bbc.com/news
#US #BBCNews
MILANO (ITALPRESS) – In una nazione ad alto rischio idrogeologico come l’Italia, si sa ancora poco su quanto questo aspetto…
ROMA (ITALPRESS) – Il Roma Polo Club celebra un traguardo importante nella sua visione di innovazione sociale e inclusività con…
ROMA (ITALPRESS) – Riconoscimento per il sistema imprenditoriale italiano: Maria Modaffari entra nel Direttivo di BusinessEurope, in rappresentanza di Federimpreseuropa,…