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

The U.S. government began refunding $231 billion in tariffs that the Supreme Court declared illegal in February, with refund checks flowing to importers who paid the duties. The total owed could exceed $174 billion when interest accrues at 4.5 to 6 percent. Trump criticized the refunds, saying foreign companies would benefit while the inflationary damage to U.S. consumers remains.

Summary by Glance · Brisbane Times