GM expects $500 million tariff refund after Supreme Court ruling

General Motors said it expects to receive about $500 million in refunds for tariffs it previously paid on imported vehicles and vehicle parts, asourceser a Supreme Court ruling found certain auto-related tariffs imposed by the Trump administration were unlawful.

The company said the refund should reduce its projected tariff burden in 2026. GM now expects tariff costs of $2.5 billion to $3.5 billion in 2026, down from its earlier estimate of $3 billion to $4 billion.

The ruling could have broader implications for companies that rely on cross-border supply chains, as changes to tariff obligations can affect cost forecasts and financial planning.