economy
April 30, 2026
Ford to receive $1.3 billion government refund for Trump's IEEPA tariffs
April 29, 2026 / 5:53 PM EDT / CBS News
TL;DR
- Ford will receive a $1.3 billion refund.
- The refund is from the government.
- The refund is related to tariffs imposed during the Trump administration.
- The tariffs were enacted under the International Emergency Economic Powers Act (IEEPA).
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