US has refunded about $100 bln in Trump tariffs

U.S. President Donald Trump's administration has refunded about $100 billion in tariffs since the Supreme Court struck down a wave of his duties this year, court filings show.

The figure, reported in documents on Aug. 4, constitutes about 60 percent of some $166 billion the Trump administration collected after invoking the International Emergency Economic Powers Act to impose duties.

The refunds went to importers that had paid the duties.

Trump used the act to impose sweeping tariffs on trading partners since returning to the White House last year, but the high court ruled in February this year that he had exceeded his authority in doing so.