Adidas warns of €200mn tariff hit
Shares in German sportswear maker slide as Trump’s levies add to costs
Shares in German sportswear maker slide as Trump’s levies add to costs

Higher levies mean rising costs for importing into the US, parts procurement and supply chain adjustments

German sportswear maker missed out on retro sneaker trend that benefited Adidas

Growth in selling directly to consumers lifts German sportswear group’s performance

German chancellor backs more muscular approach ahead of July talks deadline

US president has threatened to raise levies to 25% if EU does not implement last year’s trade deal

Manufacturers and dealers are threatened by increased levy in a market worth more than $5bn