May 14, 2026
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9:16Now PlayingYou bought Nikes last year. You paid more than you should have because Nike raised prices to cover Trump's tariffs.
However the Supreme Court recently ruled that those tariffs were illegal. Nike is now getting a refund from the government. Roughly $1 billion. And Nike is keeping the higher prices.
You paid the surcharge. Nike pockets the refund. That's not a market correction.
That's a double-dip, and a class action lawsuit filed in federal court in Oregon is calling it exactly that. The complaint says Nike "stands to recover the same tariff payments twice — once from consumers through higher prices and again from the federal government through tariff refunds."
This is the story of how a $46 billion company figured out how to charge you for a cost they're about to get reimbursed for — and why the only thing standing between you and your money is a federal judge.
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