Nike sued by customers seeking refunds for tariff-related price hikes

Nike faces a class action lawsuit from customers demanding refunds for tariff-related costs passed on through higher prices during the Trump administration's tariffs. Plaintiffs argue Nike should not keep the tariff refunds it expects to receive after a Supreme Court ruling declared the tariffs illegal. Nike reportedly paid about $1 billion in tariffs and raised prices on shoes and apparel accordingly. The case highlights ongoing disputes over tariff impacts on consumers and companies, with similar lawsuits targeting other major firms.