The New Republic
US · 1 hrs ago
Trump Gives Back Billions in Tariff Reimbursements—With More to Come
Donald Trump’s “liberation day” tariffs have come back to bite him.
In a court filing submitted in the U.S. Court of International Trade Tuesday, Customs and Border Protection official Brandon Lord wrote that as of July 31, the government had allocated approximately $100 billion for companies that had to pay higher import fees due to the president’s illegal levies.
The memo also noted that, as of July 31, the CBP entity created to track and deliver tariff refunds had received more than 252,000…
Do you trust The New Republic?
Sign in to rate
Discussion
?
No comments yet — be the first to start the discussion!