Core Viewpoint - Nike plans to increase prices on certain footwear, apparel, and sports equipment in the U.S. due to profit pressures from new tariffs affecting the retail industry [1][2] Group 1: Price Adjustments - Nike's adult apparel and accessories will see price increases ranging from $2 to $10, with footwear priced between $100 and $150 increasing by $5, and shoes over $150 increasing by $10 [1] - Classic Air Force 1 shoes will maintain their price at $115, while Jordan brand apparel and accessories will not see price hikes, although Jordan sneakers will [1][2] - The price adjustments will apply to Nike's official website and branded retail stores, with notifications sent to wholesale partners [2] Group 2: Tariff Impact - Approximately half of Nike's footwear products are manufactured in China and Vietnam, both of which are affected by new U.S. tariffs [2] - Chinese exports to the U.S. are subject to a 30% tariff, while Vietnamese goods face a 10% import tax [2] - The implementation of these tariffs is expected to erode Nike's profit margins, prompting the company to pass on costs through price increases [2]