https://www.taxtmi.com/news?id=47861 Nike will relocate a portion of footwear production away from China to reduce exposure to tariffs, cutting China-origin production to the high-single-digit range by end of fiscal 2026. The company warned of a substantial upfront tariff-related cost hit before adjustments take effect and will apply targeted US price increases as part of seasonal planning to address higher import costs. en-us Sat, 28 Jun 2025 00:31:03 +0530 Sat, 28 Jun 2025 00:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=47861 Nike will relocate a portion of footwear production away from China to reduce exposure to tariffs, cutting China-origin production to the high-single-digit range by end of fiscal 2026. The company warned of a substantial upfront tariff-related cost hit before adjustments take effect and will apply targeted US price increases as part of seasonal planning to address higher import costs. News - Sat, 28 Jun 2025 00:31:03 +0530 https://www.taxtmi.com/news?id=47861