US companies, shamed by Trump, tiptoe into $166 billion tariff refund race
- Posted on May 24, 2026
- By Business News Today
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- 1 min read
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.
