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Courts Void Trump Tariffs; Companies Seek Refunds Amid Job Losses

5/25/2026

39 5 Full Breakdown

Summary

Story summary

Courts have ruled President Donald Trump's tariffs illegal, prompting companies to seek refunds.
A conservative columnist admitted the tariffs are damaging the jobs they were meant to protect, as manufacturing job losses rose to 1.2 percent in 2025.
Weyco shoes faced tariffs up to 161 percent, creating a surprise $1 million bill for Florsheim.
Refund applicants say the money is needed to keep their businesses afloat, not for hiring.

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Story summary

Courts have ruled President Donald Trump's tariffs illegal, prompting companies to seek refunds.
A conservative columnist admitted the tariffs are damaging the jobs they were meant to protect, as manufacturing job losses rose to 1.2 percent in 2025.
Weyco shoes faced tariffs up to 161 percent, creating a surprise $1 million bill for Florsheim.
Refund applicants say the money is needed to keep their businesses afloat, not for hiring.