Auto import and part tariffs under the Trump administration cost major automakers billions of dollars. Toyota faced the largest financial impact, with an estimated loss of $9.6 billion due to tariffs.

The Supreme Court’s reversal of tariffs imposed pursuant to the International Emergency Economic Powers Act (IEEPA) has triggered a cascading series of events. These include a forced pivot by the ...

What will businesses that get these refunds (plus interest) do with the money? Costco says “our commitment will be to find the best way to return this value through lower prices ...

WASHINGTON – Before the Supreme Court overturned President Donald Trump's emergency tariffs, thousands of companies sued to recover an estimated $175 billion already collected, but government ...

Tariffs are usually applied to imported goods—but in an interconnected economy, their effects can be felt in the prices of other goods and services. Estimates using data across multiple advanced ...

Following the U.S. Supreme Court’s decision invalidating the IEEPA tariffs, attention is now shifting from whether the tariffs were lawful to how companies can actually recover the billions of dollars ...