U.S. refunds 100 billion USD in "Liberation Day" tariffs-Xinhua

U.S. refunds 100 billion USD in "Liberation Day" tariffs

Source: Xinhua

Editor: huaxia

2026-08-05 17:22:31

The Trump administration has paid out about 100 billion USD in tariff refunds since the U.S. Supreme Court ruled in February to strike down its use of emergency economic powers to levy heavy taxes on trading partners, according to the latest court filings.

The sum represents nearly 60% of the total 165 billion USD collected through the so-called "Liberation Day" tariffs.

Produced by Xinhua Global Service


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