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,

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.