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

Ford Targets Mass-Market EVs in Direct Challenge to China

A sign with the Ford logo sits in front...

Less Than 11 Percent of New Construction Is in Urban Areas, Report Finds

Construction workers build a home at a new housing...

What Critical Illness Policy Could Mean for Your Financial Future

Critical illness insurance provides cash benefits for major health...

US Pending Home Sales Hit Nearly 4-Year High

A “sale pending” sign is posted in front of...