Richard Brown runs Proof Culture, a sneaker accessory company, out of his Ohio home. As a small importer, he’s struggled to navigate toward tariff refunds. Daniel Lozada for NPR hide caption toggle caption Daniel Lozada for NPR The news on his phone left Richard Brown so stunned he stumbled past the exit of the bagel…
After a year of wrangling, the Scottish whisky industry has finally gotten what it wants — the elimination of tariffs on its sales to the United States. Makers of Scotch whisky have been losing millions of pounds a week since a 10 percent tariff was imposed on exports to the United States, according to the…
Ford signage at the New York International Auto Show in New York City on April 2, 2026. Danielle DeVries | CNBC DETROIT – Ford Motor raised its 2026 guidance on Wednesday after beating Wall Street’s first-quarter expectations and reporting a $1.3 billion tariff refund benefit after the U.S. Supreme Court ruled that some of President…
Ford Motor reported a rebound in profit in the first three months of the year, thanks in part to an expected $1.3 billion refund of federal import tariffs that were struck down by the Supreme Court. The company said it earned $2.5 billion in the first quarter, up from $500 million a year earlier, while…
General Motors said on Tuesday that it expected to receive $500 million in tariff refunds from the federal government after the Supreme Court struck down some of President Trump’s tariffs. The expected refund helped to bolster the automaker’s profit in the first three months of the year. G.M. said it made $2.6 billion in the…
You probably won’t receive a huge tariff refund. The largest businesses stand to reap the biggest bucks as the Trump administration begins to return more than $166 billion in duties deemed illegal by the Supreme Court. Even though President Trump’s trade policies have led to higher prices for companies and consumers, many families aren’t in…
A woman carries reusable shopping bags to her car on Monday, March 16, 2026, in Portland, Ore. Jenny Kane/AP hide caption toggle caption Jenny Kane/AP Will Chyrsanthos wanted something striking for his entryway bathroom. So last year, while doing home renovations, he imported a sky-blue concrete sink from Bulgaria. The ramp sink ended up costing…
Shorouk Express Britain’s auto industry also only exports a small amount of Heavy Goods Vehicles to the U.S., but “we’re not quite clear on how they’re defining a heavy truck,” they said. “Businesses need as much certainty as possible on tariffs,” said William Bain, head of trade policy at the British Chambers of Commerce, citing…
Shorouk Express Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email Donald Trump announced a trade agreement with the European Union Sunday that will cut tariff rates down to 15 percent on imports from…
Shorouk Express Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email A new survey by the Federal Reserve reveals President Donald Trump’s sweeping tariffs are already costing consumers. Businesses across the U.S. are reporting…
