
Trump administration issues $100B in tariff refunds after Supreme Court ruling
The Trump administration has refunded roughly $100 billion in tariffs to businesses via US customs—about 60% of collected tariff revenue—after a Supreme Court ruling found broad import taxes unlawful; about $29 billion remains under review and $1.6 billion is pending banking details, with importers who paid tariffs eligible for refunds (Amazon reportedly received ~ $600 million). Refunds are expected to grow as claims are processed, while post-ruling policy shifts included a temporary 10% universal tariff later replaced by new tariffs on dozens of partners, including Canada.












