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realcaseyrollins@thelemmy.club

Nike Stock Plunges as Low-Wage Factories in China, Vietnam, Indonesia Face Trump’s Tariffs (www.breitbart.com)

submitted 2 weeks ago by realcaseyrollins@narwhal.city to c/finance@thelemmy.club

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Nike stock is plunging on Thursday, the day after President Donald Trump announced reciprocal tariffs that will end the nation’s decades-long free trade policy.

https://www.breitbart.com/politics/2025/04/03/nike-stock-plunges-as-low-wage-factories-china-vietnam-indonesia-face-trumps-tariffs/

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[–] realcaseyrollins@narwhal.city 1 points 2 weeks ago

Haha

Unironically yes, that's a side effect of bringing jobs back to America, which he's been talking about for years now