Sues From Consumers A few days ago the Nike, as they accused her of not repaying the costs related to Customs duties Which it passed in the form of higher prices.
In a group action, consumers stated that Nike should not be allowed to maintain «significant» money returns he may expect, after the U.S. Supreme Court in February rejected the sweeping duties imposed by President Donald Trump under the International Criminal Economic Power Act.
The duties and Nike
The company based in Beaverton, Oregon, noted that it paid about $1 billion in tariffs on imported products as a result of Trump's actions.
Consumers pointed out, however, that Nike increased prices on certain footwear by $5 to 10 and on certain garments by $2 to 10 in order to offset costs.
«Nike has made no legally binding commitment to repay overcharges related to customs duties to consumers who paid them», reported the complaint.
«Unless limited by this court, Nike is entitled to recover the same duty payments twice – once by consumers through higher prices and again by the federal government through duty refunds».
More on the list
Thus Nike was found on the same list as other companies, including Costco and EssilorLuxottia's Ray-Ban sunglasses manufacturer, who have been sued by consumers for allegedly not passing the duty refunds on consumers.
As Reuters reports, the lawsuit against Nike was filed at the Portland, Oregon federal court.
On a teleconference on 31 March, Nike also stated that the financial quarter ending in August 2026 would likely be the last quarter in which customs duties would constitute a significant obstacle to the gross profit margin on an annual basis.
Source: ot.gr
