German Companies Recoup €790 Million After US Court Voids Trump Tariffs

1 articles · Updated · Malay Mail · Aug 21

€790 million in tariff refunds has gone to listed German companies after the US Supreme Court ruled in February that Trump-era duties imposed under an emergency law were unlawful.
DHL collected €416 million and said it plans to pass the money to customers, while Siemens Healthineers received just over €200 million, according to its finance chief.
More German companies are expected to receive sizable repayments later this year as refund processing continues.
US authorities refunded about $5.3 billion in the same period a year earlier after the court found Trump had exceeded his authority in imposing sweeping tariffs on dozens of trading partners.
Trump has since imposed new tariffs under different legislation, limiting how far the ruling reverses his broader trade policy.