Sportswear giant Adidas said Tuesday that President Donald Trump's tariffs would eventually cause it to raise prices on all its U.S. products. The German company added that it was unable to confirm how much prices would rise by due to uncertainty about tariff rates,

Adidas holds back on profit upgrade due to tariff uncertainty, warning prices of trainers in the US may go up. [] 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.

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