The New York Stock Exchange opened this day with a strong waterfall on Friday, the main US code, Dow Jones, declined by almost 3% after the announcement of global charges (20% for the EU, 10% of the instant generalized fees, 34% for China and specific fees Donald TrumpAn action that already had a response from China.
Two businesses that are not saved from red numbers are adidas and nike, they see how much they are in their business Asia, because they produce half of the shoes.
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The production of games is historically linked to Southeast Asia, but this may change after 46% of fees in Vietnam, 49% in Cambodia, 32% in Indonesia and 26% in India.
The Double Vietnam case for Nike and Adidas has not only seen how it has been punished with one of the highest fees, but also both of their production. Nike produces 50% of its footwear and more than 25% of its clothes, In the case of German multinational (39% of footwear and 18% of clothes), slightly low numbers but evenly worrying.
How are these activities translated? The price increase for the waterfall and the final consumers is high. Despite the pronunciation of the last hours, Nike has accumulated 30% in the last month, while Adidas lost 21% for the past 30 days.
As many experts point out, this situation that no one has won will affect the final price of the product, so it is expected The price of shoes and sports clothes ends by increasing by 10% to 12%.
