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From longshot lawsuit to landmark ruling: How a family toy business took on Trump's tariffs - Reuters

From longshot lawsuit to landmark ruling: How a family toy business took on Trump's tariffs - Reuters

From longshot lawsuit to landmark ruling: How a family toy business took on Trump's tariffs Reuters

February 20, 2026 at 05:48 PM Original source
5 agencies covered this story

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Notable Quotes

"My hope is that this ruling is an opportunity for everyone to take a breath and think about what is important and what needs to get done."

— Rick Woldenberg , Executive

"I decided that I would have a lot harder time dealing with not acting than acting."

— Rick Woldenberg , Executive

"It's about taxes. They owe us money... every American agrees we pay too much in taxes, and no one will want to pay a tax they don't have to pay."

— Rick Woldenberg , Executive

"We didn't think that the way that the administration went about imposing tariffs was legal, and so we, you know, exercised our rights as Americans that challenge the case in court."

— Stephen Woldenberg , Executive

"[It's] effectively an embargo. So, at tariff rates of 145%, no company –ourselves or any other company importing from China – could really make it work."

— Stephen Woldenberg , Executive

"This case became a much bigger issue about balanced power, rule of law, and so we're grateful that the Supreme Court reinforced those foundational principles of our country."

— Stephen Woldenberg , Executive

"He is now saying he's got some secret plan to reimpose tariffs, or something like tariffs, that he hasn't told anybody about."

— JB Pritzker , Politician

"Our company was threatened... We're not a company to stand by idly. So we wanted to take action."

— Stephen Woldenberg , Executive

"We'd like our money back. They didn't have any issue taking it."

— Stephen Woldenberg , Executive

"They have a record of what they took from me, just reverse the gears, guys, and gimme my money back."

— Rick Woldenberg , Executive

"We shrank last year."

— Rick Woldenberg , Executive

All Coverage

Reutersvia rss

<a href="https://news.google.com/rss/articles/CBMiugFBVV95cUxPS25hUHhzSHQzcTBFc0tQX20yeWNldmo3UkFlQTdOSVRVbGkyYkZ5YWNrT2xWMXRISWdJVzFQRFhmSWlYdWhwc1c1NmlQMHBVTi10SkpwZkprMkNQb3NSek53MW1yY1BaZGRsQTRZeTdkVHlJdy1YbFA1emVIS3pfLUpGV0UwT0d3eURHMEFOTE54MG9lTW1zcDFWeHAwUnZObXJNVDVvd2h1ZU11emtCZVdRUmFiSEVYdlE?oc=5" target="_blank">From longshot lawsuit to landmark ruling: How a family toy business took on Trump's tariffs</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

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AOLvia ai 3 quotes 1 person

Learning Resources, a family-owned toy company, filed a lawsuit against President Trump's tariffs, resulting in a Supreme Court decision that invalidated the tariffs as unconstitutional.

80%
Hindustan Timesvia ai 2 quotes 1 person

Learning Resources, a family-owned toy company, played a pivotal role in the Supreme Court ruling that struck down President Trump's tariffs, highlighting the challenges faced by small businesses due to the tariffs.

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ABC7 Chicagovia ai 3 quotes 2 persons

Following the Supreme Court's ruling against President Trump's tariffs, Illinois Governor J.B. Pritzker's campaign is calling for an $8.6 billion refund for Illinois families affected by the tariffs.

80%
CBS Newsvia ai 3 quotes 1 person

Learning Resources, a family-owned toy company in Vernon Hills, Illinois, was central to the Supreme Court's decision to strike down President Trump's tariffs, which had significantly impacted small businesses.

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