Tariffs, Factories, and the $400 Nike Shoes Price Tag | Shepard Ambellas Show | April 4, 2025

Shepard Ambellas Show · Apr 7, 2025 · 33m

Support Grassroots JournalismAll links here: https://linktr.ee/shepardambellasTonight on The Shepard Ambellas Show, we dive deep into the impact of U.S. tariffs on manufacturing and consumer prices. With President Trump’s recent 46% tariff on imports from Vietnam—a key production hub for brands like Nike—shepherd Ambellas explores how this policy, aimed at bringing factories back to the U.S., could drastically raise the cost of your favorite sneakers. We break down the numbers: Vietnam’s labor rates hover around $3-5 per hour, while U.S. labor rates can hit $20-30 per hour. This gap, combined…