Sports Equipment Trade War

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tariffs

ESPN

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Sports

How the sporting goods industry is bracing for tariffs

Summary

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85% Informative

Much of the sports equipment used in the U.S. is made with materials from other countries.

President Donald Trump 's global tariffs on steel and aluminum took effect Wednesday .

Of the $10.3 billion worth of sporting goods imported into the US , $6.27 billion -- nearly 61% -- came from China .

Some of the biggest sports equipment companies did not respond to requests for comment.

The Trump administration views tariffs as a tool it can use to try to affect a number of things, including boosting manufacturing, protecting U.S. jobs and addressing the trade balance.

The goal, he says, is to produce corn and essentially trade it for baseballs.

Lower-income households would be affected most because they spend more of their income on consumption.

Companies will look at blending supply chains to grow domestic employee base.

35% of footwear that comes to the U.S. comes from China , 35% from Vietnam , says Priest.

" Vietnam is the play," Priest says.

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semi-formal

Language

English