# General Motors is expecting a $500 million tariff refund after the Supreme Court struck down some of President Donald Trump’s most sweeping levies.

*business · news · 2026-04-28 · CNBC TV18*

## Key points

- General Motors expects a $500 million tariff refund after the Supreme Court voided IEEPA tariffs.
- GM raised its 2026 earnings forecast to $13.5–$15.5 billion due to the anticipated refund.
- GM's projected 2026 tariff costs dropped to $2.5–$3.5 billion from the previous $3–$4 billion.
- Customs and Border Protection launched an online claims system last week for tariff refund applications.
- Over 330,000 importers paid $166 billion in now-overturned IEEPA tariffs on 53 million shipments.

**Companies:** General Motors
**Countries:** United States

[Read the full story on CNBC TV18](https://www.cnbctv18.com/world/general-motors-tariff-refund-supreme-court-trump-levies-ws-l-19895286.htm)

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