According to The Kobeissi Letter, Nike shares (NKE) have plummeted by 14%, reaching the lowest level since October 2017. This decline is attributed to the recent 46% tariff imposed by the US on Vietnam, where Nike employs over 530,000 workers. This situation poses a significant challenge for Nike, impacting their production costs and potentially affecting their market position.

According to The Kobeissi Letter, Nike's stock is experiencing significant declines due to a new 46% tariff imposed by President Trump on Vietnam. The impact is particularly severe as Nike employs 450,000 people and operates 130 factories in Vietnam. The stock has fallen over 70% from its all-time high, making it a critical point of concern for traders.

According to The Kobeissi Letter, Nike's stock is under significant pressure due to a new 46% tariff imposed by President Trump on Vietnam, where Nike employs 450,000 people and operates 130 factories. The stock price is currently more than 70% below its all-time high, indicating potential trading volatility.

According to Miles Deutscher, Trump's announcement of 'Liberation Day' includes a minimum 10% tariff on all imports, with higher rates on imports from 'worst offenders' such as China and Vietnam. This development could lead to increased market volatility, particularly impacting cryptocurrencies like Bitcoin and Ethereum, as traders anticipate shifts in global trade dynamics. The tariffs are calculated using 'reciprocal tariff rates', which may cause fluctuations in trading volumes and market sentiment. (Source: Miles Deutscher)

According to Crypto Rover, Vietnam is set to draft regulations on Bitcoin and cryptocurrencies, signaling a bullish stance on crypto within Asia. This move could potentially open up new trading opportunities and increase market liquidity in the region.

According to Crypto Rover, Vietnam's Prime Minister has instructed the Finance Ministry and Central Bank to propose regulations for digital assets by March. This development may impact Bitcoin reserves and trading strategies as Vietnam could become a significant player in the cryptocurrency market.