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30 CEOs Want Tariff Refunds As Earnings Take a Hit

Slashdot
BeauHD @ Slashdot 2 place · today 17:00 EDT

CEOs Want Tariff Refunds As Earnings Take a Hit

Companies including Philips and Pandora say they plan to seek tariff reimbursements after the Supreme Court ruled Trump's sweeping duties illegal, with the U.S. potentially facing up to $175 billion in refunds. Many firms say tariffs hurt earnings, but CFO survey results suggest companies applying for refunds are unlikely to pass savings back to consumers through lower prices. CNBC reports: Companies across Europe are flagging disruption from tariffs as a factor contributing to a skewed earnings picture. "W

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