Economist Peter Schiff warned on Thursday that Nike Inc. (NYSE:NKE) won’t shift production to the United States despite newly imposed tariffs, predicting higher prices and reduced domestic sales for ...

Economist Peter Schiff has predicted that Nike will not establish U.S. factories to produce sneakers due to high tariffs. Schiff argues that 40% tariffs make domestic production economically unviable, ...

Economist Peter Schiff has given a piece of advice to footwear company Nike as the firm might suffer the fiscal impact of US president Donald Trump's recently imposed new tariffs, as per a report.

Benzinga Peter Schiff Says Nike 'Won't Build Factories' In US, They Will Sell To Countries Like China: A Much Better Strategy Amid Trump Tariffs Posted: April 4, 2025 | Last updated: April 4, 2025 ...