Adidas fell 10% as southeast Asia, US tariffs
Cambodian factory workers leave the factory when he receives a lunch break on March 2, 2020 in Phnom Penh.
Tang Chhin Sothy | AFP | Getty pictures
European markets are blocked Thursday after US President Donald Trump Stunning Tariff AdsGreat retail names from jewelry from jewelry from sports clothes were among the worst performers.
The host, a host who sold to US consumers by European companies, covers factories in Southeast Asia, southeastern Asia, surrounds the highest duties of some Trump, covers export-reliable economies.
Cambodia – Where Close to a million people Working in clothes and shoe factories producing about 70% of the country’s exports, the highest rate of higher tariffs hit 49%.
Meanwhile, 48% of US imports from Laos, 48%, 46% of Vietnam, 36% of Thailand and 32% of Indonesia. Trump management was very critical to ignore both the way of calculating tariffs Trade in services and Low purchase power struck by the highest tariffs of countries.
Sri Lanka and Bangladesh were also the factory junction of Citi’s analysts say the tariffs are “worse than expected.”
News sent European retail shares to slip.
Jewelry Pandora Thursday 11% plunged. The production and treatment places in the company are like Southeast Asia, as well as China, Japan, India, South and North America and Europe.
German sportswear companies Puma and AdidasAt the same time, it fell by 11% and 9.7%, respectively. UK JD Sports 5.5%, shoes Dr. Martens 5.9% and the English luxury company lost Burberry Poured 6.2%.
“The influence of Trump tariffs (next to the cash registers, and the company and ammunition in the company and ammunition, the company and the industry, the company and the industry said in an investment director AJ Bell.
“Companies with the biggest challenges can be a large part of a large part of its total sales and a large part of the supply chain – clothing sellers will look very closely about it.

As in the United States – In retailers, many global supply chains – corporate interests are expected to be squeezed and buyers must pay higher prices.
The criminal Birch, the Global Economist in the Economist Intelligence Section to CNBC, it will now be more complicated for special retail brands to plan their future.
“These tariffs were higher than expected. There are many uncertainty around their makeup,” Trump said that Trump will raise or decreases further.
“Thus, they already warn, administration, these numbers will end, and this will be here to be here for six months or four years before reaching market pressure?”
Consumers were able to keep up with higher prices during the pandemic inflation shock, but this was united with government incentives, solid labor markets and salary growth.
“This time, this time we do not intend to see this requirement side of the requirement of the equation,” he said.