Several large U.S. companies including Walmart, Apple, Nike, Home Depot, General Motors, FedEx, and Costco are applying for refunds on tariffs paid, despite President Trump's warning that he would "remember" companies that did not seek refunds. The Supreme Court struck down broad global duties, leading to over $166 billion in refunds owed, with $35 billion already processed. Companies see a strong business case and fiduciary duty to reclaim these funds, often planning to use the money to benefit customers by avoiding price hikes. While some firms initially hesitated due to concerns about upsetting Trump, the largest corporations are moving forward with refund claims, signaling a willingness to publicly diverge from the president's stance.
