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A class-action lawsuit filed against Nike is seeking to block the apparel giant from pocketing "significant" tariff refunds.
A class-action lawsuit seeks to force Nike to return tariff refunds to consumers.
KEY POINTS
- Nike raised product prices by $2 to $10 in response to Trump-era tariffs.
- The Supreme Court ruled most of Trump’s tariffs illegal, entitling companies like Nike to refunds.
- Nike faces lawsuits claiming it would receive tariff refunds after already passing costs to consumers.
- Multiple companies, including Costco, face similar lawsuits for not passing tariff refunds to consumers.
COMPANIES
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