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Home Uncategorized

Companies Suing Trump to Recover $150 Billion in Tariffs

February 20, 2026
in Uncategorized
Companies Suing Trump to Recover $150 Billion in Tariffs





companies suing trump to recover 150 billion in tariffs

The Trump administration is now the subject of at least $150 billion in lawsuits from scores, including a few automotive companies, including BYD, that could pave the way for more — including automakers — to join the group seeking refunds.






companies suing trump to recover 150 billion in tariffs

Currently, the list includes several auto suppliers, such as BorgWarner, Goodyear Tire & Rubber Co., Yokohama Tire, several Toyota subsidiaries among others. The lawsuits came after it became clear there is a chance that Trump didn’t have the authority to implement the tariffs via executive order. 

There is a case, filed by Costco, before the U.S. Supreme Court right now brought by but the justices have not release opinions on the case, Reuters reported. Earlier this month, U.S. Trade Representative Jamieson Greer noted the court wasn’t rushing a ruling because of the “enormous” stakes involved, the news agency added. 

Lower courts as well as the U.S. Court of International Trade have held the tariffs aren’t legal. The Supreme Court is expected to issue a ruling sometime this summer.






companies suing trump to recover 150 billion in tariffs

Trump began implementing what he called “reciprocal” tariffs last year, claiming a 1977 law — the International Economic Emergency Powers Act — gave him the power to implement tariffs during national emergencies. Critics immediately countered saying the country isn’t in the midst of an emergency and the power to levy a tariff lies solely with Congress.

Automakers may be keen to file suit as they’ve all taken billions of dollars in losses, swallowing much of the tariff costs that would have been passed along to consumers. Toyota recently attributed much of its $8 billion loss to the tariffs. Volvo, Subaru, General Motors, and others have all noted tariff-related losses.

Ford said tariff-related charges accounted for $2 billion in losses for 2025, and expects another $1 billion in 2026, the company noted during its earnings call. 

[Images: White House, Ford, Toyota]

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