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International Business Times

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UNBELIEVABLE: Adidas warns us tariffs to push up prices | History Defined

United States Adidas Bjorn Gulden Donald Trump Kanye West China

Adidas has warned US tariffs could hit its earnings (Credit: AFP)

German sportswear giant Adidas on Tuesday warned that US President Donald Trump's tariffs will increase prices for its products in the United States, and the hardline trade policies could dent its ongoing recovery.

The firm makes a large chunk of its goods in Asian countries that Trump has singled out for running hefty trade surpluses with the United States, including China, which is facing the highest US levies.

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