The Steross Market and Investing Thread

Host: Nike is saying they're going to take a hit of about $1 billion because of the tariffs that they're going to need to offset with higher prices. Adidas, a $230 million hit, will have to raise prices. Walmart has warned of looming price increases. Ford, they're saying they're going to take at least a $3 billion hit

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Thanks Donald🤮Thanks Republicans🤮Now “tax” the hell out of us so that your filthy rich friends (some of whom are probably pedofiles) can get permanent huge tax breaks while 98% of us suffer. 😡
 
Host: Nike is saying they're going to take a hit of about $1 billion because of the tariffs that they're going to need to offset with higher prices. Adidas, a $230 million hit, will have to raise prices. Walmart has warned of looming price increases. Ford, they're saying they're going to take at least a $3 billion hit

So my EPL team just transferred to Adidas for their apparel/uniforms. I buy a New Jersey or two for every season. My $100.00 (pre-tariff) jersey ended up costing me almost $140.00. I’m a LFC fanatic so I’ll still buy, but….damn. It’s very clear to me from personal experience who pays the tariff….and it ain’t Adidas.
 
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