When Enes Kanter Freedom appeared on a basketball court in his Boston Celtics jersey and a pair of trainers emblazoned with the slogan “Free Uyghur”, the reaction from Beijing was swift. “Literally at the half-time, they cancelled every Celtics game on television [in China] for the rest of the year,” the basketball player tells the Bureau of Investigative Journalism (TBIJ) and the Guardian. That game, in October 2021, marked a turning point in his career. “That’s when the NBA got really angry at me,” says Freedom. Freedom, who has long…
Tag: Nike
Nike says Trump tariff war could cost it $1bn
Nike expects costs to increase by about $1bn (£728m) as a result of Donald Trump’s tariff war, as the sportswear company looks to significantly reduce its manufacturing in China. The market value of the company has plummeted by a third over the past year and it is taking action to reduce the hit, including price increases in the US and sourcing from other countries. “These tariffs represent a new and meaningful cost headwind,” said Matthew Friend, its chief financial officer. “With the new tariff rates in place today, we estimate…