GM to Receive $500 Million Tariff Refund After Supreme Court Ruling
General Motors announced it expects to receive a $500 million tariff refund. This refund stems from Trump-era levies that were recently struck down by the Supreme Court.
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GM expects a $500 million tariff refund from Trump levies the Supreme Court struck down - AP News
GM expects a $500 million tariff refund from Trump levies the Supreme Court struck down AP News
Read full article →GM's stock is soaring after it announced a $500 million tariff refund
General Motors CEO Mary Barra meets President Donald Trump at the White House. Alex Wong/Getty Images GM said it expects to receive a $500 million refund after the Supreme Court struck down Trump's tariffs. The automaker has been among the hardest hit by the levies, reporting a $3.1 billion tariff cost last year. The Supreme Court ruling means the Trump administration may need to issue as much as $166 billion in tariff refunds. GM is set to cash in on the Supreme Court striking down Donald ...
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