Trump administration has paid $20bn in tariff refunds, with at least $65bn more to come

Refunds came after the supreme court ruled Trump overstepped his authority in enacting sweeping tariffsUS importers are expected to receive $85bn in tariff refunds after the supreme court struck down Donald Trump’s tariffs in February, according to US Customs and Border Protection (CBP), the agency that collects tariffs.Importers and shippers have so far been refunded $20bn, according to court documents filed on Tuesday, with about $65bn more on the way. Continue reading...