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Stock impact report

How Trump tariffs could affect the sports industry — including golf [Yahoo! Finance Canada]

Topgolf Callaway Brands Corp. (MODG) 
3 min read Listen and subscribe to Sports Report on Apple Podcasts Spotify , or wherever you find your favorite podcasts. Impending tariffs could have far-reaching effects on professional sports leagues and the sports industry. The sports sector, usually able to insulate itself from political fluctuations, is finding itself in a similar boat as automakers and liquor producers in the face of President Trump's tariffs. “I expect all professional sports leagues and sports companies to keep an eye on how tariffs impact their businesses moving forward because while sports leagues and franchises have historically been stable assets with predictable revenue patterns, at the end of the day, their businesses are still impacted by activity in the global economy,” Sports Report host Joe Pompliano explained on the podcast (see video above or listen below). The US has imposed a 25% tariff on all steel and aluminum imports and some goods from Canada and Mexico, as well as an additional 20% Show less Read more
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