May 12, 2026

Companies Begin Receiving Refunds from Trump's Struck-Down Tariffs

Oshkosh Corporation and Basic Fun report initial tariff refunds after the Supreme Court ruled the tariffs unlawful.
Basic Fun has received only 5% of its claimed refunds, while Oshkosh has begun payments on its claims.
Despite refunds, inflation continues to rise, with a 3.8% annual increase reported in April.