A bobble head in the likeness of Donald Trump, U.S. President, is displayed ahead of the Republican National Convention (Photographer: John Taggart/Bloomberg)

Nike, Adidas Call Tariffs ‘Catastrophic’ in Letter to Trump

(Bloomberg) -- Nike Inc., Adidas AG and other footwear companies urged President Donald Trump to reconsider his tariffs on shoes made in China, saying the policy would be “catastrophic for our cons...