EXCLUSIVE: Taxed Without Consent — American Small Business Sues to Break Trump's Tariff Grip
Yahoo Finance·2026-02-15 21:02

For Mike Musheinesh, CEO of Detroit Axle, the economic effects of President Donald Trump's import tariff policies arrived like a sledgehammer. The auto parts retailer's tariff bill on 1millionofimportsskyrocketedfrom1 million of imports skyrocketed from 25,000 to an eye-watering 725,000overnight.Itwasa70725,000 overnight. It was a 70% jump that transformed the federal government into Detroit Axle's single largest business expense. Facing a 700,000 increase in cost per shipment, Musheinesh had to make a choice. He has avoided layoffs, but the financial pre ...

EXCLUSIVE: Taxed Without Consent — American Small Business Sues to Break Trump's Tariff Grip - Reportify