ReferIndia News GM expects $500 mn tariff refund from Trump levies Supreme Court struck down

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GM expects $500 mn tariff refund from Trump levies Supreme Court struck down

Published on: April 28, 2026, 10:40 p.m. | Source: Devdiscourse

General Motors is expecting a USD 500 million tariff refund after the Supreme Court struck down some of President Donald Trumps most sweeping levies. GM anticipates paying USD 2.5 billion to USD 3.5 billion in tariff costs for 2026, the company said Tuesday, down from an original estimate of USD 3 billion to USD 4 billion.

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