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See which Tennessee companies are asking for $3B in tariff refunds

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See which Tennessee companies are asking for B in tariff refunds


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  • Major U.S. companies are seeking billions in refunds for tariffs that the Supreme Court struck down.
  • It remains uncertain if customers will receive reimbursements, though some companies like UPS, FedEx, and Walmart have announced plans to pass on savings.
  • A USA TODAY analysis found at least 90 publicly traded companies plan to seek refunds, with some having a significant presence in Tennessee.

Some of the United States’ largest companies are seeking billions in tariff refunds from the government, but whether customers will see any reimbursements remains unknown.

A USA TODAY analysis of over 630 Securities and Exchange Commission filings found that at least 90 publicly traded companies plan to seek refunds, highlighting their efforts to reclaim billions of dollars following the U.S. Supreme Court striking down the tariffs imposed by the administration of President Donald Trump under the International Emergency Economic Powers Act, or IEEPA. Other tariffs remain in place.

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U.S. Customs and Border Protection has begun processing refund claims for the $166 billion that may be at stake. Among the largest, Ford is seeing a $1.3 billion refund; General Motors, $500 million; and UPS, $500 million, according to their filings.

Of the three, only UPS announced plans to refund customers. “UPS will disburse refunds 60-90 days after we receive the funds from CBP,” the company said on its website. 

Here is how much Tennessee companies are seeking in reimbursements.

How much could TN companies get back from Trump tariffs?

USA TODAY compiled the government filings from 92 firms that mention tariffs collected under the International Emergency Economic Powers Act. Of those 92 companies, over two dozen have a noteworthy business presence in Tennessee.

In total, Tennessee companies requested $3.014 billion from the government.

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Here is how much the companies with headquarters or significant manufacturing facilities in Tennessee are requesting in refunds from the government:

  • Canadian Solar Inc.: $93 million
  • Capri Holdings LTD: $65 million
  • Cardinal Health: $200 million
  • Columbia Sportswear: $80 million
  • Deere & Co.: $272 million
  • Eastman Chemical Co.: $22 million
  • FedEx: amount sought not specified
  • Flowserve Corp.: $35.4 million
  • Fluence Energy Inc.: $57 million
  • General Motors Co.: $500 million
  • Integra LifeSciences Holdings: $18.7 million
  • Magna International Inc.: $160 million
  • Mantiwoc Company: $25 million
  • Newell Brands Inc.: $120 million
  • Osh Kosh Corp.: $19.7 million
  • Procter & Gamble: $200 million
  • TJX Companies Inc.: $490 million
  • Tootsie Roll Industries Inc.: $1.3 million
  • UFP Industries Inc.: $20 million
  • Under Armour Inc.: $70 million
  • Walmart: amount sought not specified
  • West Fraser Timber: $3 million
  • Whirlpool: $50 million
  • Williams Sonoma Inc.: $197.8 million
  • Yeti Holdings Inc.: $66.5 million
  • Zebra Technologies Inc.: $75 million
  • Zimmer Biomet Holdings Inc.: $77 million

Are some companies passing on tariff refunds to customers?

Of the $166 billion on the table, U.S. consumers are unlikely to see much of it end up in their pockets. Earlier, Trump had even floated the idea that the revenue from these tariffs could be used to send $2,000 checks to Americans, but those plans never materialized. 

Cardinal Health, a major medical supply distributor, incurred roughly $200 million in tariffs and passed some of those costs on to its customers. The company plans to refund customers for any portion of tariffs incurred as a result of price increases during that period.

However, given that its customers include businesses, hospitals, and pharmacies, it’s uncertain whether these savings will reach end consumers.

FedEx is also expecting to recover, but did not specify by how much in its filings. Like UPS, the company does plan to pass money on to customers. 

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Amelia Ables, FedEx Communications Advisor, told USA TODAY in an email statement that supporting consumers remains a priority. “As the U.S. government issues IEEPA tariff refunds to FedEx, we are fully committed to refunding any applicable duties, including the interest received from Customs and Border Protection.” 

On a May earning’s call, Walmart’s executive vice president and chief financial officer, John David Rainey, said the company would invest the refund in lowering its prices.

“We are availing ourselves of the process to get refunds. We would definitely bias and try to prioritize price investment for that, given what we’ve seen, both in terms of the pressure on consumers from fuel prices,” Rainey said. 

On the call, Rainey said the refund amounts to less than 0.5% of the company’s U.S. annual sales. CNBC estimated it at around $2.42 billion. 

An April Federal Reserve study on the effect of tariffs on consumer prices showed that sweeping tariffs kept prices elevated for core goods, which includes cars, furniture and other products and excludes the volatile prices of food and energy. 

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Major companies are pushing to reclaim tariff payments, despite a warning from President Trump. In April, during an appearance on CNBC’s “Squawk Box,” Trump was informed that Apple had initially decided not to apply for a refund. He responded by saying it was “brilliant” if companies chose not to seek refunds.

Selling refund rights at a discount  

A few examples of companies selling their refunds to investors also emerged in USA TODAY’s analysis. These companies reported selling their refund rights outright to financial firms, accepting less than full value in exchange for immediate cash.  

The Justice Department is appealing the court order that compelled the U.S. government to reimburse companies. While the appeal would not affect the current cases being processed by Customs and Border Protection, if successful, it could mean some businesses would have to file lawsuits individually, which can be an expensive process. 

The IEEPA tariffs are just one set they are dealing with. After the Supreme Court ruled them invalid, President Donald Trump announced other sweeping tariffs, some of which were recently deemed invalid as well. 

USA TODAY contributed to this report.

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Jordan Green covers trending news for The Commercial Appeal and Tennessee. She can be reached at jordan.green@commercialappeal.com.



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Flag Day: East Tennessee couple builds wooden American flags by hand

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Flag Day: East Tennessee couple builds wooden American flags by hand


SEVIERVILLE, Tenn. — Dennis and LaNelle Fawver don’t wave a fabric flag. They build them by hand out of wood.

Six years ago, the couple made their very first wooden American flag — not to sell, but to give to Dennis’s younger brother, who had just been diagnosed with stage four cancer.

“So, we were in the middle of making our very first one when we got a call that my younger brother had stage four cancer and he was about to pass,” Dennis Fawver said.

They finished that flag, put his name on it and a cancer awareness ribbon and took it back to him for a surprise.

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“As soon as we gave it to him, you know, he just smiled and got bright and seemed happy,” Dennis Fawver said.

His brother, Randy Behrends, later passed away. But that moment of joy sparked a business, and Dennis says it still drives every flag he makes.

“It just shows patriotic. I mean, just red, white, and blue,” Dennis Fawver said.

The Fawvers make flags for every branch of the military, law enforcement, medical workers, corrections officers and even fully custom flags with names and sayings.

For LaNelle, a former nurse, the reward is different — it’s the moment someone unwraps one.

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“I just like seeing people’s faces when they get them. We make a lot of birthday presents, a lot of anniversaries, Father’s Day presents. That’s a biggie for us. And to see the dads and the reactions on their faces when they see it, that’s the best part. I enjoy making them happy when they see. They get something that means something to them,” LaNelle Fawver said.

That joy — the same joy his brother showed — is what keeps Dennis going.

“So that kind of inspired us like, well, if he liked it that much, you know, and other people commented. So we just started making them and would give them away to friends and family,” Dennis Fawver said.

The Fawvers sell their wooden flags at the Great Smoky Mountains Flea Market and online.

Copyright 2026 WVLT. All rights reserved.

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Tennessee Football Hosted SEC Cornerback Commit on Official Visit This Weekend | Rocky Top Insider

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Tennessee Football Hosted SEC Cornerback Commit on Official Visit This Weekend | Rocky Top Insider


(Photo via Ryan Sylvia | RTI)

Tennessee football is continuing to make pushes for top targets on its board despite prospects’ commitment status. On Saturday, the Vols flipped Alabama commit Kenneth Simon II to join the 2027 class. On Sunday, Dayon Cooper decommitted from Florida State after his official visit to see the Vols.

UT has its eyes set on another currently committed target, as well. Mississippi State commit Brandon Allen Jr. just completed his official visit to Knoxville this past weekend, according to his Instagram story.

Allen ranks as a three-star recruit, according to 247 Composite. He is the No. 627 recruit in the nation, No. 65 cornerback and No. 76 player from the state of Georgia. He plays for Westlake High School in Atlanta. That’s the same school that current UT receiver Travis Smith Jr. played for.

More From RTI: Five-Star Recruiting Target Took Official Visit to Tennessee Football This Weeekend

Tennessee isn’t the only team trying to flip Allen, though. According to 247, along with the Vols and Mississippi State, Allen is also taking official visits to South Carolina, Virginia Tech, Vanderbilt and Georgia Tech. Ironically, UT will face all of those teams, except the Hokies and MSU, next season on its 2026 schedule, with each being played on the road.

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Tennessee is a bit late to join the recruitment of Allen, but it could make a big enough impact to reel him in. UT offered him on May 7 of this year. This came from new cornerbacks coach, Derek Jones, who was hired to join the staff of newly hired Vols defensive coordinator Jim Knowles this offseason.

Tennessee currently holds 15 commitments in the 2027 class and sits outside the top 25 nationally in both 247 and Rivals rankings. However, with official visits continuing to be held, the Vols are putting themself in a position to bolster the group and climb the rankings.



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Indiana man found after going missing in Nashville

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Indiana man found after going missing in Nashville


NASHVILLE, Tenn. — An Indiana man who traveled to Tennessee for the Bonnaroo Music and Arts Festival has been found after he was reported missing for over 48 hours.

The Metropolitan Nashville Police Department previously issued a statement asking for the public’s assistance in locating 28-year-old Trevor Lines.

28-year-old Trvor Lines, provided by MNPD

Lines reportedly left a short-term rental on Douglas Avenue, where he was staying with friends early Thursday and never returned.

Lines’ friends told law enforcement that they left around 5 a.m. to search for someone’s phone, when they returned within an hour, Lines and his vehicle were gone. His phone and medication were left inside the residence.

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His 2016 Lexus with a Purdue University plate was picked up by license plate readers east of Nashville in Mt. Juliet around 7:30 a.m. on Friday and later at 4:30 p.m. in Goodlettsville, which is north of Nashville. Although Nashville does not use LPRs.

Lines had reportedly been visiting Tennessee for the Bonnaroo festival in Coffee County. Nashville police have alerted the Tennessee Highway Patrol and Coffee County authorities to be on the lookout for Lines.

Lines’ older brother, Kyle Smith, told FOX59/CBS4’s sister station, WKRN, he’s worried. Lines is reportedly from the northern part of Indiana, so he’s unfamiliar with Middle Tennessee.

“We’re hoping that maybe he ended up in a local hospital somewhere… The doubts are definitely creeping in, and it feels more and more likely that something bad has happened,” Smith said.

However, shortly before 8:15 p.m. on Saturday, the MNPD announced Lines was discovered in his car outside the Goodlettsville Skate Center, adding that he’s being reunited with his family.

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No additional details have been made available at this time regarding the circumstances surrounding Lines’ disappearance or his discovery.



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