Quartz·1 min read·medium
Trump administration has refunded $100 billion in scrapped IEEPA tariffs
✦AI Summary
The Trump administration has issued $100 billion in refunds related to tariffs previously collected under the International Emergency Economic Powers Act. This amount accounts for roughly 60% of the total funds collected before the Supreme Court invalidated the tariffs.
The $100 billion represents about 60% of the roughly $166 billion collected under the tariffs the Supreme Court struck down in February
businesseconomypolitics
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