Nike’s 30-year gamble on Vietnam rattled by Trump tariffs
By Kim Bhasin | Bloomberg
The backbone of Nike Inc.’s supply chain is being hammered by President Donald Trump’s global tariff campaign, straining a decades-long investment just as the world’s largest sneaker company tries to rebound under a new chief executive officer.
Over the past 30 years, Nike has funneled billions of dollars of production into Vietnam, helping turn the southeast Asian nation into a powerhouse for footwear and apparel production. On Wednesday, Trump impose