Sports Apparel Makers Face China Exposure Amid Trump Tariff Pause
On Wednesday, the stock market surged after President Donald Trump announced a 90-day pause on the reciprocal tariffs that had gone into effect hours earlier, except for…
tariffs
Exclusive
Sports Owners Should Pressure Trump on Tariffs, Ken Griffin Says
Billionaire hedge fund manager Ken Griffin says sports team owners should band together to appeal to President Donald Trump to change the new blanket tariff…
Tariff Shock Wipes $318 Billion From Sports Stocks in a Week
The stock market reaction to the global Trump tariffs has chopped $318 billion in value from sports stock in a week, according to Sportico data. That’s nearly 10%…
Why Should Sports Fans Care About Tariffs?
For a long time, the word tariff seemed antiquated, like riding in a horseless carriage or going to a sock hop. But tariffs are back with a vengeance under Donald Trump…
This Stock’s Slide Is an Omen for Sports TeamsÂ
Thursday’s market-wide selloff in the wake of Donald Trump’s tariffs announcement will have wide-ranging impacts for sports teams, their fans and their owners. But…
Nike, Under Armour Headline Sports Stocks Crushed by Trump Tariffs
Blanket taxes being levied on goods imported into the U.S. are hammering sports stocks whose supply chain extends outside the country. Shares of apparel brands…
Nike’s Vietnam Manufacturing Shift Puts It in Trump’s Tariff Crosshairs
For the past two decades, Nike has worked to gradually diversify its manufacturing beyond China, with Vietnam emerging as the company’s most important market for…
Genius, EA Avoid Sports Stock March Bloodbath as Market Plunges Â
Sports stocks suffered broad declines in March along with the rest of the stock market, as worries over eroding consumer confidence sent stocks to their worst month in…
EU Plans Tariffs on U.S.-Made Sports Goods in Response to Trump
The European Union is proposing a long list of retaliatory tariffs on American-made goods, including sports jerseys, ski boots and basketball sneakers, according to a…
Sports Businesses Brace for Far-Reaching Impact of Tariffs
Sports seems well-insulated from trade wars. After all, local fans go to the games and domestic broadcasters pay for media rights. But a Sportico review of the public…
Opinion
New Tariffs Would Send Youth Athletes Back to the Sidelines
Today’s guest author is Todd Smith, president and CEO of the Sports & Fitness Industry Association. In sports, unforced turnovers can derail even…
Sports Firms Downplay Trump Tariffs as IP, Demand Risks Rise
Worries about the possible initiation of tariffs this weekend on imports from Canada, China and Mexico have been subdued in Wall Street, partly out of hopes they won’t…
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