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US refunds $100bn of Donald Trump’s ‘liberation day’ tariffs
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 reports.The $100bn (£74bn) figure, which represents 60% of the total $165bn collected from Donald Trump’s “liberation day” tariffs, wa
Published Wednesday, 5 August 2026 at 10:43
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 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. Continue reading...
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