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Trump admin refunds $100B in 'liberation day' tariffs amid legal challenges
๐Ÿ“ˆ Business

Trump admin refunds $100B in 'liberation day' tariffs amid legal challenges

The Trump administration has refunded approximately $100 billion collected under the "liberation day" IEEPA tariffs while simultaneously recreating a similar tariff regime using different legal authorities. The new measures are already facing court challenges. The moves appear designed to work around earlier court rulings that had blocked the original tariffs.

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