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Nike, Ford caught in Trump's trade overhaul

Companies forced to rethink supply chains and capital investments in a new era of protectionist policies

Published Tue, Jan 24, 2017 · 09:50 PM
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New York

SNEAKER producers, carmakers and retail giants are facing tumult in their international operations as President Donald Trump pushes ahead with a dramatic overhaul of US trade policy.

His decision not to join the Trans-Pacific Partnership (TPP) and pledge to renegotiate the North American Free Trade Agreement (Nafta) are forcing companies to rethink supply chains and capital investments in a new era of protectionist policies. Mr Trump's moves weigh heavily on importers such as Nike Inc and Ford Motor Co as he seeks to boost domestic manufacturing and create jobs.

"Any company right now that is global is trying to understand what will change," said Simeon Siegel, an analyst with …

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