The U.S. Supreme Court is poised to decide the fate of most of President Donald Trump’s tariffs, likely on Jan. 14, as hundreds of companies already are lined up hoping to recoup their share of the billions of dollars in duties paid so far.
Bloomberg reported on Jan. 7: “After months on the sidelines, a flood of businesses spanning the global economy sued in the weeks since the Justices signaled skepticism of Trump’s signature trade policy during a Nov. 5 [Supreme Court] hearing. More than 1,000 corporate entities are now involved in the legal fight, court records show, teeing up an unprecedented struggle over what happens next if the administration loses.”
Among the companies suing Trump are Costco Wholesale, Goodyear Tire & Rubber, and Reebok.
