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Nike faces proposed US class action over tariff pricing – report
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Nike faces proposed US class action over tariff pricing – report

Yahoo Finance · May 11, 2026, 9:09 AM

Key takeaways

  • The case was filed in federal court in Portland, Oregon, and concerns import tariffs imposed by US President Donald Trump under the International Emergency Economic Powers Act.
  • In February, the US Supreme Court invalidated the tariffs.
  • Reuters reported that Nike disclosed it paid around $1bn in tariffs on imported goods linked to those measures.

Nike faces proposed US class action over tariff pricing – report Shubhendu Vimal Mon, May 11, 2026 at 4:09 PM GMT+7 2 min read NKE Nike is facing a proposed US class action alleging it raised prices to cover tariff costs and has not committed to returning those funds after the tariffs were struck down.

The case was filed in federal court in Portland, Oregon, and concerns import tariffs imposed by US President Donald Trump under the International Emergency Economic Powers Act.

In February, the US Supreme Court invalidated the tariffs.

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