Don't bet on lower prices, businesses say, even after emergency Trump tariffs were shot down [BNN Bloomberg (Canada)]
The Goodyear Tire & Rubber Company (GT)
Last the goodyear tire & rubber company earnings: 4/30 07:15 am
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Source: BNN Bloomberg
The top U.S. court's ruling last week was a big win for the more than 1,000 businesses, including wholesaler Costco and tiremaker Goodyear Tire & Rubber , which had sued the government saying U.S. President Donald Trump lacked legal authority to impose tariffs under the 1977 International Emergency Economic Powers Act. But the decision also opened a bureaucratic labyrinth for importers, lawyers, and government officials, because the court did not say how the government should return the estimated $175 billion it had already collected. Because businesses expect a long wait for refunds, consumers shouldn't expect to see relief either, small business owners told Reuters, as Trump imposes new tariffs. “We absorbed almost all of the cost of the tariffs; we don't think there's a reason to, like, pay anybody back,” said Eva St. Clair, co-owner of apparel company Princess Awesome. The company, which in April brought one of the first legal challenges against the emergency tariffs, paid US
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News
- FedEx joins companies suing over Trump tariffs. Will they get refunds? [USA TODAY]USA TODAY
- Don't bet on lower prices, businesses say, even after emergency Trump tariffs were shot down [Yahoo! Finance Canada]Yahoo! Finance Canada
- These Fortune Global 500 companies have sued the Trump administration for tariff refunds [Business Insider]Business Insider
- Goodyear Tire & Rubber (NASDAQ:GT) had its price target raised by analysts at Citigroup Inc. from $9.00 to $10.00. They now have a "neutral" rating on the stock.MarketBeat
- Goodyear: A Volatile 2026 Ahead [Seeking Alpha]Seeking Alpha
GT
Earnings
- 2/9/26 - Miss
GT
Sec Filings
- 2/25/26 - Form 4
- 2/25/26 - Form 4
- 2/25/26 - Form 4
- GT's page on the SEC website