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Trump administration has refunded 60% of $165bn taken in illegal tariffs

05.08.2026 12:34 | The Guardian World

Government has so far returned $100bn to companies from levies that US supreme court struck downBusiness 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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