Abel says Berkshire tariff refund decisions rest with operating units

4 articles · Updated · Barron's · May 2

He said Berkshire's businesses, not headquarters, would decide whether to seek refunds through a new federal portal for tariffs paid over the past year.
The portal was created after a judge's order following a Supreme Court ruling in February that Donald Trump had misused emergency powers to impose sweeping tariffs.
Abel said tariffs are creating some cost pressures, but Berkshire's operating companies are managing them, even as Trump has said he will try to reimpose tariffs under other authorities.

Could ongoing legal appeals delay billions in tariff refunds, leaving businesses in financial limbo despite the new refund portal?

With new tariffs quickly replacing refunded ones, are U.S. businesses trapped in a costly cycle of trade policy uncertainty?

How might mounting legal challenges and rapid policy shifts reshape U.S. import strategies and global supply chains in the months ahead?