At least 1,800 companies have so far sued to get tariff refunds, with dozens rushing to court to get their money back since the Supreme Court struck down many of President Trump’s global duties. Most of the companies, including big names like Costco Wholesale and Goodyear Tire & Rubber, filed ahead of the ruling, with FedEx and others joining them afterward.

Through Dec. 10, at least 301,000 importers were subject to the tariffs that were ultimately struck down, Customs and Border Protection officials said in a court filing. That total likely includes many businesses, but also some individuals who paid tariffs directly on goods purchased overseas, the WSJ’s Louise Radnofsky, Lydia Wheeler and Chao Deng write.

Lawyers for the companies in the case that went to the Supreme Court filed requests this week with the trade court and a separate appellate court for an order to require the government to promptly refund all tariffs paid. The Trump administration’s first response to that push for refunds is due Friday.

Some businesses, however, don’t want to deal with the mess, and are opting to sell the rights to any refunds they might be due, the Journal’s Caitlin McCabe, Ben Glickman and Sarah Nassauer report.

Investment firms—anticipating that the court wouldn’t side in Trump’s favor—had already been buying up rights to tariff refunds from businesses in recent months. Prices were around 20 cents on the dollar before the ruling, then jumped to about 40 cents afterward, according to brokers involved in the trades.

• The IMF proposed an alternative U.S. policy mix, including replacing tariffs with a destination-based consumption tax and moving toward a skills-based immigration system. (WSJ)
• Trump’s trade policy has significantly increased Canadian spending on domestic products and local tourism, Bank of Canada research indicates. (WSJ)
• Eurozone exporters continue to have greater difficulty finding overseas buyers, thanks in part to changeable policy in the U.S., ECB President Christine Lagarde said. (WSJ)

MP Materials plans to invest more than $1.25 billion in its coming large-scale rare-earth magnet manufacturing campus in Northlake, Texas, fulfilling a key component of its partnership with the Pentagon.

The new campus, dubbed “10X,” builds on its existing manufacturing capacity in North Texas, and is expected to come online in 2028, the WSJ’s Megan Cheah reports. MP Materials expects to create more than 1,500 direct manufacturing and engineering jobs at the site, and engineering and equipment procurement is underway.

Last July, the miner struck a deal for the Defense Department to take a 15% stake in the company. The deal called for MP Materials build a new factory to make rare-earth magnets at a scale that vastly exceeds current U.S. magnet production, aiming to undercut China’s rare-earth dominance.

• The Office of the U.S. Trade Representative opened a public comment period ending March 19 on the design of a trade agreement and policies to strengthen the supply chain for critical minerals.

Walmart agreed to pay $100 million to settle Federal Trade Commission claims that the retailer misled delivery drivers about the pay and tips they could earn. The FTC alleged Walmart caused drivers with its delivery service Spark to lose tens of millions of dollars worth of earnings, the WSJ’s Jack Morphet reports.

The company allegedly did this by showing drivers inflated figures for what they could expect to earn from pre-tips selected by customers at checkout, base pay and special incentive earnings opportunities. Walmart deceived customers by falsely claiming that 100% of customer tips would go to drivers, but the company charged customers for tips that drivers didn’t receive, the FTC said.

Walmart said it was paying drivers affected by the allegedly deceptive conduct. The company said it valued its drivers and was improving transparency.

• The average 30-year fixed mortgage rate fell to 5.98% this week, the lowest level since September 2022. (WSJ)
• Initial unemployment claims rose to 212,000 in the week through Feb. 21, up from 208,000 a week earlier, the Labor Department said. (WSJ)
• Pollution from U.S. power plants rose last year, a rare uptick in an otherwise long-term downward trend, partly because of more coal being burned to generate electricity. (WSJ)
• Oil lobbyists are telling Trump officials that his attacks on wind farms off the U.S. coast risk derailing congressional efforts to speed up permits for energy projects. (WSJ)
• Jeep maker Stellantis said the relaunch of popular products such as its gas-guzzling eight-cylinder “Hemis” would power it back to profitability, after a retreat from EVs. (WSJ)
• BlueScope Steel said a revised $11 billion takeover offer from Steel Dynamics and SGH wasn’t sufficient, but it is open to further talks. (WSJ)
• Two U.S.House members introduced the Railroad Safety Enhancement Act on Wednesday, elements of which parallel those in the Railway Safety Act of 2026 introduced in the Senate the day before. (TrainsPRO)
• Taiwan’s Wan Hai Lines is targeting full-year contract rates for trans-Pacific container shipments to be about 14% higher, year-over-year, at $1,600-$1,700 per forty-foot equivalent unit. (The Loadstar)
• MAS Holdings, South Asia’s biggest apparel-technology maker, is closing a Sri Lankan factory, affecting 2,200 workers. (Sourcing Journal)
• Wynnchurch Capital agreed to acquire Arcosa’s barge-building business for $450 million in cash. (WorkBoat)

The Dow Jones Risk Journal Summit in New York on March 4 will include two discussions on trade issues: One on evasion of export controls, sanctions and tariffs with Janet Labuda, head of trade and customs issues at Maersk Customs Services, Aiysha Hussain, partner at Mayer Brown, and Daniel Tannebaum, partner at Oliver Wyman.

Another panel will look at how to incorporate national security into trade compliance, with speakers Kevin O’Connor, general counsel at Lockheed Martin, and Joseph Moreno, general counsel at SAP NS2.

Request a complimentary invitation here using the code COMPLIMENTARY. Attendance is limited, and all requests are subject to approval.

Mark R. Long is editor of WSJ Logistics Report. Reach him at mark.long@wsj.com. Follow the WSJ Logistics Report team on LinkedIn: Mark R. Long, Liz Young and Paul Berger.