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US refunds $22 billion in first repayments of Trump's tariffs in May
US authorities have begun refunding billions in customs duties. This follows a Supreme Court decision invalidating President Donald Trump's global tariffs. May saw $22 billion in refunds, matching duties collected. The government is processing repayments for $166 billion collected under a previous act. However, appeals could impact ongoing reimbursements. The budget deficit has also seen a reduction.
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economictimes.indiatimes.com
US Customs’ $166 billion tariff refund plan faces court fight over who gets access to payouts
A government official testifies today in federal court. This concerns billions of dollars in import taxes. The Supreme Court ruled these taxes illegal. The court will decide if…
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fortune.com
The $166 billion tariff refund question: Who actually gets paid back? | Fortune
That depends on who qualifies.
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cryptobriefing.com
US Treasury refunds nearly $22B in May tariff revenue as Supreme Court ruling triggers massive clawback
The US Treasury refunded nearly $22B in May tariff revenue after the Supreme Court invalidated IEEPA-based tariffs, with total refunds potentially reaching
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lemonde.fr
Droits de douane : le Trésor américain a remboursé 22 milliards de dollars en mai
En février, la Cour suprême avait annulé les surtaxes portant sur l’ensemble des produits entrant aux Etats-Unis, estimant que le président Trump avait, en les imposant,…
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US refunds $22 billion in first repayments of Trump's tariffs in May
US authorities have begun refunding billions in customs duties. This follows a Supreme Court decision invalidating President Donald Trump's global tariffs. May saw $22 billion in…