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Nike becomes latest retailer sued by customers for not refunding tariff costs

New York Post·Reuters·24 days ago
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Nike was sued on Friday by consumers who accused the athletic apparel and footwear maker of not refunding tariff-related costs it passed on in the form of higher prices. In a proposed class action, consumers said Nike should not be allowed to keep “significant” refunds it can expect after the US Supreme Court in February struck down sweeping tariffs  that President Trump imposed under the International Emergency Economic Powers Act . The Beaverton, Ore.-based company has said it paid about $1 billion in tariffs on imported goods as a result of Trump’s actions. Consumers said Nike raised prices on some footwear by $5 to $10 and some apparel by $2 to $10 to offset the costs. In a proposed class action, consumers said Nike should not be allowed to keep “significant” refunds it can expect after the US Supreme Court in February struck down President Trump’s sweeping tariffs.…

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