Categories: BUSINESS

Big payback: US launches portal to refund $166 billion in tariffs collected from Trump policy nixed by SCOTUS

The US government has launched a tool to refund over $166 billion in tariffs imposed by former President Trump, following a Supreme Court ruling. Importers can now submit documentation to recover payments, with electronic refunds for approximately $127 billion in duties available initially. The extent of consumer repayment hinges on companies sharing recovered funds.
Sumitra

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