US refunds $100 billion in tariffs struck down by Supreme Court, filing shows
Americas2 sources2 countries🔦 Under-reported24m ago
The administration of US President Donald Trump has refunded approximately $100 billion in collected tariffs following a court filing that revealed the financial action. The move stems from a decision by the US Supreme Court in February, which struck down many of the administration's sweeping import duties.
The refunds represent the return of billions of dollars collected under the invalidated tariff policies. The court filing highlighted the implementation of the Supreme Court's ruling, which dismantled a cornerstone of the administration's trade enforcement strategy.
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Al Jazeera (QA)Highlights the February Supreme Court ruling that invalidated the levies.