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US Tariffs Hit Adidas Costs
July 31, 2025
|The Citizen
German sportswear giant Adidas said yesterday it took a hit from US tariffs in the second quarter but did not indicate whether it would pass on rising costs to consumers.
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Frankfurt –
The world’s second-biggest sports outfitter said the levies introduced by US President Donald Trump had a negative impact in the double-digit euro millions between April and June, without giving a specific figure.
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