Nike will raise prices for some of the sporting goods maker's shoes, clothing and equipment starting this week, according to a person familiar with the matter.The price hikes will affect only certain products and are part of a seasonal adjustment,

By June, shoppers at the budget-friendly retailer may start to see higher prices on the shelves for these goods.

Companies that say they're raising prices due to tariffs are in the president's social-media crosshairs and face accusations of price gouging.