Peter Navarro says Vietnam's 0% tariff offer is not enough: 'It's the non-tariff cheating that matters'
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 07 2025
0mins
Should l Buy NKE?
Source: CNBC
Vietnam's Tariff Offer: White House trade adviser Peter Navarro stated that Vietnam's proposal to eliminate tariffs on U.S. imports is insufficient due to concerns over non-tariff issues like product routing and intellectual property theft.
Market Reaction and Future Negotiations: Following the announcement of new tariffs by President Trump, which led to a significant drop in stock prices, Wall Street is closely monitoring potential negotiations that could affect these tariffs, particularly regarding the value added tax in discussions with the European Union.
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Analyst Views on NKE
Wall Street analysts forecast NKE stock price to rise
21 Analyst Rating
14 Buy
7 Hold
0 Sell
Moderate Buy
Current: 53.490
Low
62.00
Averages
76.11
High
110.00
Current: 53.490
Low
62.00
Averages
76.11
High
110.00
About NKE
NIKE, Inc. is engaged in the designing, marketing and distributing of athletic footwear, apparel, equipment and accessories and services for sports and fitness activities. The Company's operating segments include North America; Europe, Middle East & Africa (EMEA); Greater China; and Asia Pacific & Latin America (APLA). It sells a line of equipment and accessories under the NIKE Brand name, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment and other equipment designed for sports activities. It also designs products specifically for the Jordan Brand and Converse. The Jordan Brand designs, distributes and licenses athletic and casual footwear, apparel and accessories predominantly focused on basketball performance and culture using the Jumpman trademark. The Company also designs, distributes and licenses casual sneakers, apparel and accessories under the Chuck Taylor, All Star, One Star, Star Chevron and Jack Purcell trademarks.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Market Share Gains: On Holding is gradually capturing market share from legacy competitors like Nike and Adidas through innovative products in performance footwear and apparel, demonstrating its competitiveness across various sports categories, particularly in tennis and running.
- Strategic Development Plan: Hoffmann successfully led the company through its IPO in 2021 and established a three-year strategy to double sales by 2026, with the new leadership team set to continue this roadmap, aiming to position On as “the most premium global sportswear brand.”
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- Stock Performance: Nike (NKE) closed at $53.49, reflecting a 1.48% increase from the previous day, outperforming the S&P 500's decline of 0.37%, indicating short-term market resilience amidst broader market challenges.
- Earnings Outlook: The company is expected to report earnings of $0.31 per share on March 31, 2026, representing a year-over-year decline of 42.59%, which could dampen investor confidence and highlight significant profitability challenges ahead.
- Valuation Metrics: Nike's forward P/E ratio stands at 33.87, considerably higher than the industry average of 13.65, suggesting elevated market expectations for future growth, yet raising concerns about potential overvaluation among investors.
- Industry Ranking: The Shoes and Retail Apparel industry ranks 94th in the Zacks Industry Rank, placing it in the top 39% of all industries, indicating relative strength; however, Nike's Zacks Rank of 4 (Sell) signals potential investment risks in the near term.
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