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Euronews
Euronews
Indrabati Lahiri

Trump administration refunds $100 billion in “Liberation Day” tariffs

Donald Trump Liberation Day United States US Supreme Court

US President Donald Trump’s government has paid back around $100 billion (€86.6bn) in “Liberation Day” tariffs to a range of businesses through customs officials.

This accounts for approximately 60% of all tariffs collected by the administration under this initiative, according to recent court documents from US Customs and Border Protection. Currently, around $165 billion (€143bn) has been collected in “Liberation Day” tariffs, as reported by Financial Times.

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