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.
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.
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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Michael Strong has spent more than 25 years writing about the automotive industry. A Detroit-area native, he’s written about everything from local car shows to product reviews to financial news. Currently he writes and edits for a variety of national and local publications. He’s also a longtime member of the Automotive Press Association and the International Motor Press Association, and a graduate of Georgia Southern University. Hail Southern! Despite a love for ’70s land yachts and BMWs from the late ’80s and early ’90s, his personal vehicle is neither of those.
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Let me get this Trumpenomics straight: First, the American taxpayer paid hundreds of billions of dollars to foreign companies in the form of higher prices on imported goods. And now, the American payer also has to pay that same amount back to the foreign companies that we paid in the first place?
Damn, I'm starting to think Big Oil bought the dumbest puppet possible.
I bet tRump pooped his diaper again when his supreme court of handpicked, unqualified lackeys finally called him on his idiocy. Don't worry you Pedo sucking deplorables, your Pedophile In Chief will no doubt find other creative ways to destroy this country.