Trump administration has paid back 60% of $165bn in tariff refunds

Government has so far returned $100bn to companies that paid levies US supreme court ruled illegal Business live – latest updates The Trump administration has refunded about $100bn from the tariffs it collected before the US supreme court ruled them illegal, according to reports. The $100bn (£74bn) figure, which represents 60% of the total $165bn collected from Donald Trump’s “liberation day” tariffs, was reported by customs officials to the US court of international trade (CIT) on Tuesday,…