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U.S. Supreme Court tariff ruling triggers 100 billion in Trump-era refunds to importers

U.S. Supreme Court tariff ruling triggers 100 billion in Trump-era refunds to importers
30 articles·20 sources·updated about 1 hour ago·View in graph

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1 day · 2 summary articles

  1. U.S. Supreme Court tariff ruling triggers 100 billion in Trump-era refunds to importers

  2. U.S. appeals court blocks Trump administration from freezing 20 billion in clean energy grants

politicsmiddle eastunited states of america
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The U.S. Supreme Court’s February ruling striking down tariffs imposed by President Donald Trump has led to refunds totaling $100 billion, with court documents showing approximately 60 percent of the $166 billion collected under the program now repaid to importers. The U.S. Customs and Border Protection agency reported that refund requests worth over $128 billion have been processed or are under review .

Trump’s administration had justified the tariffs under the 1977 International Emergency Economic Powers Act, which grants the president authority to regulate trade during a declared national emergency. Some refunds remain pending as importers have yet to provide banking details, according to a recent legal filing .

Separately, a Congressional Budget Office estimate revealed that Trump’s proposed fleet of 15 nuclear-powered battleships, named the Trump-class, could cost up to $275 billion over 30 years. The first vessel is projected to cost $23.4 billion, with subsequent ships averaging $18 billion each, making them among the most expensive warships in U.S. history .

Tensions within the administration surfaced this week as Trump clashed with Defense Secretary Pete Hegseth during a Camp David meeting over reported shortages in U.S. ammunition stockpiles. According to the Washington Post, Trump demanded explanations from Hegseth, who had previously advocated for military action against Iran .

Additionally, the Trump administration is pursuing legal action to block the BBC from accessing financial records related to his business empire, filing an emergency motion to shield the documents in an ongoing libel lawsuit .

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