US Refunds $100B in Tariffs After Supreme Court Limits Trump Powers

1 min read
Source: Al Jazeera
US Refunds $100B in Tariffs After Supreme Court Limits Trump Powers
Photo: Al Jazeera
TL;DR

The Trump administration has refunded about $100 billion in tariffs after the Supreme Court ruled that Trump exceeded his authority to impose emergency tariffs; CBP says more than three-quarters of $128.68 billion earmarked for refunds has been dispersed, while the ruling left some tariffs in place and new tariffs have continued to face challenges from states and courts.

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