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

The repayments represent roughly 60% of all tariff revenue collected by the US government under the policy,

The Trump administration revealed it refunded about $100 billion in tariffs it collected before the Supreme Court ruled that doing so violated law.

A group of 25 states have labelled the president's newest global tariffs as "arbitrary, capricious, and contrary to law."

The Trump administration has taken steps to effectively re-create the IEEPA tariff regime using other legal authorities. They already face court challenges.

More than half of tariff income refunded after supreme court ruled Trump’s levies were 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 represen

US customs officials repay about 60% of the levies that were struck down by the Supreme Court