Trump administration refunds $100 billion in tariffs struck down by US Supreme Court
Donald Trump's administration has refunded about $100 billion in tariffs after the US Supreme Court struck down a broad set of duties imposed under an emergency economic law, court filings show.
About 60 per cent of the $166 billion collected under the tariffs had been refunded by July 31, according to a filing in the US Court of International Trade, cited by REuters. The refunds, including interest, were paid to importers that had originally paid the duties.
About 60 per cent of the $166 billion collected under the tariffs had been refunded by July 31, according to a filing in the US Court of International Trade, cited by REuters. The refunds, including interest, were paid to importers that had originally paid the duties.
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