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The Guardian - US

World

Gaya Gupta

Trump administration has paid $20bn in tariff refunds, with $65bn more to come

Donald Trump United States Walmart

Stacked shipping containers fill a port terminal with large red cranes extending overhead at sunset — American businesses largely welcomed the supreme court’s ruling that Donald Trump had overstepped his authority in enacting his sweeping tariffs, including a baseline 10% on all imports. Photograph: Bloomberg/Getty Images

US importers are expected to receive $85bn in tariff refunds after the supreme court struck down Donald Trump’s tariffs in February, according to US Customs and Border Protection (CBP), the agency that collects tariffs.

Importers and shippers have so far been refunded $20bn, according to court documents filed on Tuesday, with about $65bn more on the way.

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