‘So sad’: Trump has to start refunding $231b of his illegal tariffs

The Trump administration begins refunding $231 billion in tariffs the Supreme Court declared illegal in February. Refund checks start flowing next week to importers who paid the duties, with interest potentially pushing total refunds to $174 billion. The refunds go to companies, not consumers, and most will likely boost corporate profits rather than lower prices.

Summary by Glance · The Age