US refunds $81 billion in tariffs after Supreme Court ruling
The United States government has refunded $81 billion in tariffs collected under a contested trade policy, according to newly released federal budget figures. The repayments follow a Supreme Court ruling that found a substantial portion of the levies unlawful. The refunds were paid to companies that had imported goods subject to the tariffs, marking a major reversal for a policy central to President Donald Trump's economic agenda.The figures show a sharp rise from the $5 billion returned during the same period a year earlier. Most of the repayments were processed in May and June, with a Treasury official saying the... [Continue Reading]
360LiveNews | 14 Jul 2026 12:35 LONDON
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