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The Guardian - US
The Guardian - US
World
Kalyeena Makortoff in New York

The real winners of Trump’s global tariff war: law firms, hedge funds and AI

Collage of a container ship, skyscrapers, dollar bills, and a judge’s gavel
Supreme court’s ruling opened the floodgates, with many firms suing the government for a refund. Illustration: Guardian Design / Getty Images

At 8am, two hours before the US supreme court officially slapped down Donald Trump’s “liberation day” tariffs on 20 February, Joseph Spraragen’s phone was already ringing off the hook.

The seasoned New York-based attorney and his 40-strong specialised trade team at Grunfeld, Desiderio, Lebowitz, Silverman & Klestadt (GDLSK) had spent months filing hundreds of lawsuits for heavy-hitter clients, including luxury brands Prada and Dolce & Gabbana, in protest of the US president’s decision to impose sweeping import taxes last April.

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