Nike News - July 2026

Nike faces $1 billion cost hit, following US forced labor tariffs
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Nike faces $1 billion cost hit, following US forced labor tariffs

Nike and other apparel firms face new U.S. import tariffs of 10% to 12.5%. These levies apply to goods from 60 countries. The measures took effect on July 24,...
Nike Reclaims Nearly $1 Billion in Tariff Refunds, After Supreme Court Ruling
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Nike Reclaims Nearly $1 Billion in Tariff Refunds, After Supreme Court Ruling

Nike received $302 million in tariff refunds. The company reported an additional $684 million in outstanding receivables as of May 31, 2026. Nike has collected...