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Trump’s ‘Liberation Day’ tariff refunds hit $100bn
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MyJoyOnline
Donald Trump's administration has paid back $100bn (£78bn) in "Liberation Day" tariff refunds to businesses through US customs officials.
This represents roughly 60% of all tariff revenue collected by the government under the policy, according to a recent court filing from US Customs and Border Protection.
Nearly $29bn in potential refunds is undergoing review by trade authorities, while another $1.6bn remains stuck because importers have not yet supplied their banking details.
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