tariffs

The global sportswear industry has undergone tremendous transformation over the last two decades. From performance gear to lifestyle fashion, top athletic brands have capitalized on fitness trends, global expansion, and technological innovation.

Trump’s announcement of 10% to 50% tariffs sent global Markets into one of the world's worst closing trading weeks of all times. Imposed tariffs made clear that on 3rd and 4th of April, 2025 shockwaves across Financial Markets around the world were like a volcano eruption, destroying everything along its path.

The United States, under President Donald Trump, imposed a series of tariffs on imported goods, particularly from China and other trading partners (Canada, Mexico). These tariffs were aimed at reducing trade deficits and encouraging domestic manufacturing.