Some shoe firms have already received their tariff refunds, others are still waiting to get theirs. So far, the shoppers who paid higher prices seem to be out in the cold.
The tariff refunds are for reciprocal duties imposed last year under the International Emergency Economic Powers Act that shoe firms paid, but were ruled illegal this past February by the U.S. Supreme Court. Some companies absorbed a portion of the added costs from the duties, while others raised prices. For example, Nike in May 2025 said it was doing a "surgical" price increase for a select group of items, averaging between $2 and $10. And Swoosh's sneaker competitor Adidas said last October that new products to the U.S. featuring innovative technologies would see higher prices.
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The tariff refunds are for reciprocal duties imposed last year under the International Emergency Economic Powers Act that shoe firms paid, but were ruled illegal this past February by the U.S. Supreme Court. Some companies absorbed a portion of the added costs from the duties, while others raised prices. For example, Nike in May 2025 said it was doing a "surgical" price increase for a select group of items, averaging between $2 and $10. And Swoosh's sneaker competitor Adidas said last October that new products to the U.S. featuring innovative technologies would see higher prices.
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2 hours ago
