These Companies Are Already In Court For Possible Refunds From Trump’s $175 Billion In Tariffs
Forbes Business
by Alison Durkee, Forbes StaffFebruary 20, 2026
AI-Generated Deep Dive Summary
The article highlights that several major companies, including Costco, Revlon, J. Crew, Dole, Reebok, and others, have filed lawsuits seeking refunds from tariffs imposed during Donald Trump's presidency, totaling $175 billion. These businesses argue that the tariffs caused financial harm and are challenging their legality.
Under Trump’s trade policies, tariffs were introduced to protect U.S. industries by increasing costs for imported goods. However, many companies absorbed these costs directly, leading them to explore legal avenues for refunds. The lawsuits aim to hold the government accountable for potential overpayments under the Tariff Act of 1930.
The cases vary in focus; some challenge the legality of specific tariffs, while others argue that refunds should be granted based on overpayments. Companies like Reebok and Dole have filed complaints citing financial losses due to higher import costs, which they say were not justified by the trade policies.
This legal action underscores the ongoing debate over the economic impact of Trump’s tariffs. The outcomes could set significant precedents for future trade law and business practices, particularly regarding government-imposed financial obligations. For businesses, these cases highlight the importance of understanding international trade policies to mitigate financial risks and seek recourse when necessary.
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Originally published on Forbes Business on 2/20/2026