**Understanding the Text:**
The article discusses the potential impact of US tariffs on Vietnam, particularly on major sportswear brands like Nike. It highlights that Nike manufactures a significant portion of its footwear (50%) and apparel (28%) in Vietnam, making it vulnerable to trade restrictions. Additionally, it mentions a labor rights controversy involving a Nike supplier in Thailand accused of wage theft, adding to scrutiny of the company’s labor practices.

**Paraphrased Summary in English:**

**Analysis: US Tariffs on Vietnam Could Severely Affect Nike and Other Sportswear Brands**

According to Nike’s annual report, half of its footwear and nearly 30% of its apparel were manufactured in Vietnam during the 2024 fiscal year. This heavy reliance makes the company particularly susceptible to potential US tariffs on Vietnamese imports. Meanwhile, Nike is also facing criticism over labor rights violations after allegations of wage theft at one of its suppliers in Thailand surfaced.

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*(Note: The original text includes promotional links and legal disclaimers, which have been omitted in this summary for clarity.)*

**Additional Paragraph (Expanded Insight):**
If US tariffs on Vietnamese goods are imposed, Nike may face increased production costs, potentially leading to higher consumer prices or reduced profit margins. The brand could be forced to diversify its supply chain, shifting manufacturing to other countries—a complex and costly process. Meanwhile, the wage theft allegations in Thailand further pressure Nike to strengthen labor compliance across its supplier network. These challenges come at a time when consumers and regulators are increasingly demanding ethical and transparent business practices, meaning Nike must balance financial and reputational risks carefully.

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