The chief of the German sportswear giant said unpredictability surrounding the tariffs prevented the company from issuing a full-year forecast, but he predicted a price increase for American consumers.

Sportswear giant Adidas has warned import taxes imposed by President Donald Trump will lead to higher prices in the US for popular trainers including the Gazelle and Samba. "Since we currently cannot produce almost any of our products in the US,

Adidas has warned that US tariffs will raise sneaker prices and halted its growth outlook despite record Q1 profits, citing ongoing trade uncertainty.