Trump administration refunds ~$100B in illegal tariffs

Published Aug 6, 03:02 PM UTC

The Trump administration has refunded approximately $100 billion of the $166 billion collected through President Donald Trump's 2025 'liberation day' tariffs, according to a court-ordered progress report filed with the U.S. Court of International Trade. The Supreme Court ruled in February that the import taxes were collected illegally, and a judge ordered their return to importers. The speed of refunds surprised trade lawyers and analysts. Meanwhile, the administration has taken steps to re-create the tariffs using other legal authorities, prompting 25 states to sue on Monday, calling the new tariffs a pretext for replacing the original levies.