# Nike has paid roughly $1 billion in tariffs since President Donald Trump imposed them in early 2025.

*business · news · 2026-05-11 · CNBC*

## Key points

- Nike could see a 36% boost to EPS and EBIT from potential Trump tariff refunds.
- Nike has paid about $1 billion in tariffs since 2025, now potentially refundable.
- Consumers have filed a class action lawsuit against Nike to prevent it from keeping the tariff refunds.
- Refund payments to companies like Nike could arrive as soon as July or August, per Customs and Border Patrol.
- President has appealed the Supreme Court's February ruling that opened refund opportunities for companies.

**Companies:** Nike
**Countries:** United States

[Read the full story on CNBC](https://www.cnbc.com/2026/05/11/analyst-tariff-refunds-are-a-catalyst-for-nike-unless-customers-get-way.html)

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