US Government Refunds $81 Billion After Supreme Court Strikes Down Trump Tariffs

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The US Supreme Court issued a ruling that overturned a significant portion of President Donald Trump's imposed tariffs. As a result, the US government has refunded approximately $81 billion in tariff collections to affected parties. Treasury budget data confirms a sharp rise in refunds during the current fiscal year. A separate ruling by the US Court of International Trade in May had also challenged the legality of these broad tariffs. The decisions mark a major legal setback for the Trump administration's trade policy.

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