Tariff Refunds Hit $35.5 Billion

Tariff Refunds Hit $35.5 Billion

The Supreme Court found Trump's global tariffs unlawful, and the government is now processing $35.5 billion in refunds to importers—with up to $166 billion potentially on the table. A federal appeals court has temporarily paused a lower court ruling on the 10% global tariff while it considers a full stay. Imported firearms and components could eventually see pricing effects.