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Trump admin refunds $100B from fees
The Trump administration announced that it had refunded around $100 billion of tariffs collected before the Supreme Court invalidated their imposition, accounting for roughly 60% of the total amount claimed by the government (approximately $166 billion) from "Liberation Day" fees in 2025. These tariffs were canceled in late February after the Supreme Court ruled the law used to impose them unconstitutional, and ordered the refunds to be given to importers. Nevertheless, the Trump administration attempted to legally reimplement the tariffs through alternative methods amid ongoing legal challenges, and continued disbursing refunds through a new system launched in April. Data up to July 31 showed that more than 25 million transactions had been reimbursed.
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