EconomyTrump administration refunds importers about $100 billion in collected tariffs
The Trump administration has refunded importers about $100 billion in tariffs that had already been collected. The amount returned equals roughly 60% of the approximately $166 billion the government gathered under the tariffs. The refunds represent a major reversal of previously collected trade duties and affect importers subject to the policy.
Trump administration refunds importers about $100 billion in collected tariffs