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Nike to hike prices as it faces tariffs uncertainty

Nike will raise prices on some products starting June 1st, citing "seasonal planning." Increases will affect shoes and clothing costing over $100, with hikes ranging from $2 to $10. While Nike didn't explicitly mention US tariffs, the move comes amid global trade uncertainty caused by President Trump's policies and follows similar price increases announced by Adidas. The price hikes exclude certain products like Air Force 1s and children's items. Nike will also resume selling directly to Amazon in the US.

Prepared by Christopher Adams and reviewed by editorial team.

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