Nike
The 15% Surcharge: Nike and Gap Slump as Global Tariffs Hit U.S. Ports
The U.S. retail sector is reeling this Monday, February 23, 2026, as a sweeping new 15% global tariff takes hold, sending shockwaves through the supply chains of the nation’s largest apparel brands. Markets opened to a sea of red for companies heavily reliant on overseas manufacturing, with industry