Storia: U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war | Fortune — Warptech Lab News
U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war | Fortune
“The Middle East conflict is really driving more inflation…so we are going to use the majority of the tariff refund to offset these higher costs,” the McCormick & Company CFO said.