SNEAKER, CLOTHING MAKERS SINK ON TARIFFS LEAVING NOWHERE TO HIDE

Summary from the TLDR Marketing newsletter

Trump's new tariffs on Vietnam, Cambodia, Indonesia, and Thailand are hitting apparel brands like Nike, Adidas, and Lululemon, forcing price hikes and stock declines. A 46% tariff on Vietnam is especially damaging, with few mitigation options. Analysts warn of inflation and recession risks. The tariffs also triggered a bond selloff. Vietnam seeks to ease tensions by boosting US purchases amid its large trade surplus.