According to the plaintiffs, the company raised prices on some footwear by $5 to $10 and on certain apparel lines by $2 to $10 to offset those costs.

Nike has been hit with three proposed class-action lawsuits in less than two weeks from consumers seeking a share of tariff refunds the sneaker giant is expected to receive from the federal government ...

Companies in the US are wary of saying too much about one particular nugget of good news for their bottom line and inflation.

Walmart confirmed to CNBC it has sought a tariff refund and plans to use any money it receives back to invest in lower prices for shoppers.