Nike lost nearly $10 Billion in marketcap in under an hour bc Trump slapped a 46% tariff on Vietnam, where Nike has 450,000+ workers and 130 factories

[King Static X]

The Tragic Legacy of Bill Clinton’s China Doctrine​

The Tragic Legacy of Bill Clinton’s China Doctrine - Policy Magazine

On March 8, 2000, then-President Bill Clinton delivered his most persuasive pitch to Washington’s foreign policy elite, Congress and the international

www.policymagazine.ca

The large-scale offshoring of American manufacturing started in the '70s and '80s.

Also, manufacturing employment =/= the rate of offshoring.

 

[3rdWorld]

Exactly. You’d think they’d want people to be able to afford all these things they sell

It's predation..they believe people are trapped in consumption.
It's borne of the idea that the American consumer buys goods at a far higher rate than global figures, suggesting people have an addiction to shopping and will not curtail their spending anytime soon so you can raise prices all willy nilly.

 

[Spliff]

If you not in these markets, IDK what to tell you.

 

[MostReal]

fukking bar. It’s not only Nike either, critical American infrastructures will be affected by all these tariffs.

Use your brain and think about the bigger picture, the forest, not the trees.

White people are dumb man.

brehs we aren't even 6 months in, just think how things will look a year from now

 

[85 East]

The switch 2 in Canada with no game is 629 after taxes that will put it up close to or just about 700 dollars. Even with the tarriffs you will still come lower than that.

This is the price before Trumps tarrifs. Who knows how much things will get repriced in a few months based on yesterday's tarrifs. Nike is also manufactured in multiple countries with generally higher tarrifs

 

[Tribal Outkast]

I’ve bought way too many pairs of shoes over the past 10 years: I was obviously doing myself a favor without knowing it. Gonna be interesting to see how much more this already expensive shyt will be

 

[Jalether]

I bet their owner,CEO or atleast a few in upper management donated to trump campaign too, directly or through a pac

 

[Wig Twistin Season]

Same @Tribal Outkast

I’m stocked up on NIKE, Jordans, ACG and New Eras. Went ham and at one point considered selling some off just because I wasn’t wearing them. I recently just started adding all of my prized shoes to my monthly rotation. I’d rather beat them into the ground than let them dry rot or collect dust.

 

[BobbyWojak]

A 46% tariff overnight

 

[Squirrel from Meteor Man]

 

[Wiseborn]

Honestly there are enough good shoes at second hand thrift stores to last a decade.

The resell business might get a shot in the arm so you will be paying

for sneakers? most nikkas trash their sneakers over a single scuff.

 

[In The Zone '98]

Foamposites going to $300 retail

 

[ORDER_66]

Foamposites going to $300 retail

they already was where im from... there isnt much difference

 

[east]

@IsThatBrothaMouzone? @Tribal Outkast @Wig Twistin Season most coli posters live in abundance tho, we can lean on our collections to ride out bad markets... the folks who are gonna get affected the most by these tariffs are the ones who need to make their purchase when the pair they're daily driving wears out - and it's more likely that they have a job that requires already expensive work shoes.

idk if its a coincidence but i just so happen to check the prices on kobe 6 dodgers. Those prices dropped in my size significantly

i'd better be seeing on feet pics in the show room thread soon

 

[Cladyclad]

@IsThatBrothaMouzone? @Tribal Outkast @Wig Twistin Season most coli posters live in abundance tho, we can lean on our collections to ride out bad markets... the folks who are gonna get affected the most by these tariffs are the ones who need to make their purchase when the pair they're daily driving wears out - and it's more likely that they have a job that requires already expensive work shoes.


i'd better be seeing on feet pics in the show room thread soon

$318 is kind of fair (crazy $300 is fair lol) but im waiting til the 13th (Mamba day) to see if they drop further