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International Business Times
International Business Times
Sport

YOU WONT BELIEVE: Adidas reports hit from us tariffs - What They Never Told You

Adidas United States Bjorn Gulden Donald Trump
Adidas took a hit from US tariffs in the second quarter (Credit: AFP)

German sportswear giant Adidas said Wednesday it took a hit from US tariffs in the second quarter but did not indicate whether it would pass on rising costs to consumers.

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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