Trump administration has paid back 60% of $165bn in tariff refunds
Government has so far returned $100bn to companies that paid levies US supreme court ruled 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 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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- What's the story?
- Government has so far returned $100bn to companies that paid levies US supreme court ruled 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 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.
- How widely is it covered?
- 1 outlet, average source rating 8.0/10.
- When was it last updated?
- 6m ago.
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Trump administration has paid back 60% of $165bn in tariff refunds
Sources1TypeCoverageThe Guardian US