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. "Since we currently cannot produce almost any of our products in the US,

Adidas has warned that new US tariffs will lead to higher prices for its popular trainers such as the Samba and Gazelle, as the German sportswear group said trade turmoil had “put a stop to” an outlook upgrade.

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