Home Business Nike Sued by Consumers for Not Refunding Tariff Costs

Nike Sued by Consumers for Not Refunding Tariff Costs

Share
nike-sued-by-consumers-for-not-refunding-tariff-costs
Nike Sued by Consumers for Not Refunding Tariff Costs
Share

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.

Share
Related Articles
eqt-to-buy-range-resources,-creating-largest-us-natural-gas-producer
BusinessCompaniesEnergy

EQT to Buy Range Resources, Creating Largest US Natural Gas Producer

EQT Corp. has agreed to acquire rival Appalachian shale driller Range Resources...

wall-street-is-very-nervousshould-you-worry?-can-you-repair-your-losses?
BrightBusinessInvestingPersonal FinanceStocks

Wall Street Is Very NervousShould You Worry? Can You Repair Your Losses?

On Oct. 23, the Dow Jones Industrial Average fell 652.82 points, or...

nearly-3-in-10-new-car-trade-ins-are-underwater,-edmunds-finds
BusinessMarkets

Nearly 3 in 10 New-Car Trade-Ins Are Underwater, Edmunds Finds

Almost three in 10 vehicles traded toward a new car are worth...

advanced-ai-agents-tried-to-weaken-oversight,-then-lied-about-it,-open-ai-says
BusinessTechUS

Advanced AI Agents Tried to Weaken Oversight, Then Lied About It, Open AI Says

OpenAI has disclosed two incidents in which advanced artificial intelligence-powered coding agents...