Adidas, Walmart, Home Depot, and other major brands that say Trump's tariffs are pushing them to raise prices
Source: Business Insider
Adidas, Walmart, Home Depot, and other major brands that say Trump's tariffs are pushing them to raise prices
Ayelet Sheffey,Catherine Boudreau,Sarah Jackson,Sarah Perkel,Grace Eliza Goodwin,Brent D. Griffiths,Nora Redmond,Alex Bitter,Aditi Bharade
Mon, September 15, 2025 at 7:30 PM PDT 13 min read
• Trump's tariffs have led some companies to announce that they plan to raise prices.
• Even before his so-called "Liberation Day," companies warned they would pass costs on to shoppers.
• Business Insider is tracking companies that have said they'll raise prices due to tariffs — and those that already have.
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Here are the companies that have implemented or warned of price increases in recent months.
Adidas
Adidas said it will raise prices in the US because of a double-digit million euro hit from tariffs in the second quarter and a further predicted 200 million euro, about $218 million, cost from levies in the second half of the year.
Vietnam, which accounted for 27% of the German retailer's total volume in 2024, will face a 20% tariff from August 1. Indonesia made 19% of Adidas' products and will face a 19% tariff.
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Read more: https://finance.yahoo.com/news/walmart-shein-target-other-major-102701866.html