Nike Sued by Consumers for Not Refunding Tariff Costs

Date:

Nike sneakers on display at a store in Westfield Stratford City, London, on July 30. Mina Kim/ReutersNike 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 U.S. Supreme Court in ⁠February struck down sweeping tariffs that President Donald Trump imposed under the International Emergency Economic Powers Act.

spot_imgspot_imgspot_img

Share post:

More like this
Related

AI Boom Is Driving a Global Memory Chip Shortage

Call it a “RAMpocalypse.”The global artificial intelligence (AI) arms...

Social Media Firms Failing, Refusing to Cooperate With Australian Anti-Semitism Probe

Counsel assisting the Royal Commission into Anti-Semitism and Social...

Accounting Graduate Sacked, Charged After Allegedly Accessing PMs Bank Account

Pedestrians walk past the offices of accounting and auditing...

Social Media Firms Failing, Refusing to Cooperate With Anti-Semitism Investigation

Counsel assisting the Royal Commission into Anti-Semitism and Social...