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Trump's Tariff Refunds Push June US Budget Deficit to $120 Billion as Treasury Returns Billions
US June budget deficit widened to $120 billion after Treasury refunded $49.2 billion in invalidated Trump-era tariffs.
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cryptobriefing.com
Tariff refunds push US June budget deficit to $120B
US June budget deficit hits $120B due to tariff refunds. Inflation at 3.8% in June priced at 48.9% YES.
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straitstimes.com
Tariff refunds trigger widening in US budget gap for 2026
The gap for the first nine months of fiscal 2026 came to US$1.37 trillion, Treasury Department data showed on July 13. Read more at straitstimes.com. Read more at straitstimes.com.
