More than half of tariff income refunded after supreme court ruled Trump’s levies were illegalBusiness live – latest updatesThe Trump administration has refunded about $100bn from the tariffs it collected before the US supreme court ruled them illegal, according to…
More than half of tariff income refunded after supreme court ruled Trump’s levies were illegal
The Trump administration has refunded about $100bn from the tariffs it collected before the US supreme court ruled them illegal, according to reports.
The $100bn (£74bn) figure, which represents 60% of the total $165bn collected from Donald Trump’s “liberation day” tariffs, was reported by customs officials to the US court of international trade (CIT) on Tuesday, according to the Financial Times.
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