If Trump’s Tariffs Are Overturned These Companies Could Be The Biggest Winners

ByAlison Durkee,

Forbes Staff.

As the Supreme Court considers whether President Donald Trump’s sweeping “Liberation Day” tariffs should be overturned, American consumers and thousands of companies—especially major retail and electronics companies like Walmart, Samsung, Target, Amazon and LG Group—who want their money back.

Justices hear oral arguments Wednesday in a case challenging Trump’s sweeping tariffs on imports from nearly all countries, which he imposed under the International Emergency Economic Powers Act (IEEPA), after two lower courts previously ruled the president did not have the authority to impose them and they should be struck down.

Trump’s “Liberation Day” tariffs impose country-specific tariff rates on goods imported to the U.S., ranging from 10% to 50% depending on the country, and have upended business operations as companies have had to pay the substantial new costs.