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July 13, 2026
US Refunds $81 Billion in Illegal Trump Tariffs Following Supreme Court Ruling
- The US government has refunded $81 billion in tariffs this fiscal year after a Supreme Court ruling declared them illegal.
- This refund amount is a substantial increase from just $5 billion during the same period last year, highlighting the impact of the court's decision.
- Companies are using these refunds to manage inflationary pressures, with most refunds processed in May and June.
2 Sources
- Accidental stimulus: the economy's tariff refund cushionJul 13, 2026 at 4:00 PM · Axios
- US refunds $81bn in Trump tariffs after supreme court ruled them illegalJul 14, 2026 at 12:35 AM · The Guardian