
Trump tariffs trigger steepest US stocks drop since 2020 as China, EU vow to hit back
Nike and Apple were among brands worst hit, but Trump maintained the US economy would ultimately "boom".
BBC News
Nike, Inc. is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon. It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022.
Nike and Apple were among brands worst hit, but Trump maintained the US economy would ultimately "boom".