Nike stock price faces Monday test after Trump hikes global tariff to 15%
Nike shares closed at $65.40 Friday, down 0.32%, after volatile trading. President Donald Trump ordered a temporary 15% global tariff on U.S. imports, effective Feb. 24, following a Supreme Court ruling. The new tariff, set for 150 days, includes some exemptions. Nike, which relies on overseas manufacturing, faces investor scrutiny as the policy takes effect.