Ford to receive $1.3 billion government refund for Trump's IEEPA tariffs

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Ford to receive $1.3 billion government refund for Trump's IEEPA tariffs

www.cbsnews.com·Megan Cerullo·6 months ago

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#recirc #fordmotorcompany #tariffs #ford #billion

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Megan Cerullo

Reporter, MoneyWatch

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to discuss her reporting.

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April 29, 2026 / 5:53 PM EDT / CBS News

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Ford Motor said on Wednesday it expects to collect $1.3 billion in U.S. government refunds for tariffs illegally imposed by the Trump administration.

The Detroit automaker raised its annual guidance by $500 million, citing the projected one-time tariff boost.…

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Ford to receive $1.3 billion government refund for Trump's IEEPA tariffs