Adidas has announced that it will increase prices on its U.S. products as a result of new tariffs imposed by the U.S. government. These tariffs, part of a broader trade policy under former President Trump, are expected to significantly impact the cost of imported goods, including sneakers. The company expressed concerns about the uncertainty surrounding future tariff policies and how they might further affect pricing strategies. This move by Adidas reflects broader challenges faced by multinational companies operating in an increasingly complex global trade environment.
— new from The New York Times