NIKE, headquartered in Beaverton, Oregon, designs and sells athletic footwear, apparel, and accessories, operating across multiple global segments. It also includes the Jordan Brand and Converse for basketball and casual wear.
NKE has been in the news recently: Nike, as a company with significant exposure to China, could benefit from the recent U.S.-China trade deal that reduced tariffs from 125% to 10% for 90 days. This agreement is expected to positively impact the broader market, including companies like Nike, amid improved economic growth forecasts for China.
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