NDTV·1 min read·medium
US Refunds $100 Billion Of Trump's 'Liberation Day' Tariffs
✦AI Summary
The U.S. government is refunding $100 billion in tariffs originally imposed during the Trump administration. These refunds represent a significant portion of the $166 billion collected under the International Emergency Economic Powers Act.
The refunds constitutes about 60 percent of some $166 billion the Trump administration collected after invoking the International Emergency Economic Powers Act to impose duties.
economybusinesspolitics
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