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US companies, shamed by Trump, tiptoe into $166 billion tariff refund race
After a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. However, they face pressure from former President Trump and the risk of consumer lawsuits, prompting many to operate in secrecy. These refunds could potentially ease financial strains for companies and help temper inflation rates, benefiting consumers in the long run.
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cnbc.com
Trump said he'd 'remember' companies that didn't apply for tariff refunds. Many of them are anyway
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.
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financialpost.com
US Companies Shamed by Trump Tiptoe Into a Tariff-Refund Race
Companies in the US are wary of saying too much about one particular nugget of good news for their bottom line and inflation.
