Trump's 'Liberation Day' tariff refunds reach $100bn

The Trump administration has refunded $100 billion in tariff payments to businesses through US customs, covering approximately 60% of all collected tariffs under the policy. These refunds follow a Supreme Court ruling declaring broad import tariffs imposed under the International Emergency Economic Powers Act unlawful. Several major companies, including Amazon, have already received large refunds, and additional payments are pending review or awaiting documentation.

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