Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Tech leaders say AI means less work – their staff say they work up to 90 hours a week
    • Why Is France Preparing For A Nationwide Blackout In 2027?
    • Boat Carrying 14 Overturns Near Statue of Liberty Killing Mother and 5-Month-Old Baby – Captain Arrested as Authorities Investigate Possible Illegal Charter
    • Western Europe experienced hottest June-July on record: EU monitor
    • Trump names Will Scharf as White House counsel ahead of midterms | Donald Trump News
    • The ‘Rushing TD leaders by season’ quiz
    • Taylor Farms pulls jalapeño products sold at grocery stores
    • Persecution of Egyptian Christians Continues in Series of Recent Incidents * The Gateway Pundit * by Ben Zeisloft, The Western Journal
    Prime US News
    • Home
    • World News
    • Latest News
    • US News
    • Sports
    • Politics
    • Opinions
    • More
      • Tech News
      • Trending News
      • World Economy
    Prime US News
    Home»Latest News»Trump administration refunds $100bn in tariffs struck down by Supreme Court | International Trade News
    Latest News

    Trump administration refunds $100bn in tariffs struck down by Supreme Court | International Trade News

    Team_Prime US NewsBy Team_Prime US NewsAugust 6, 2026No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Transfer comes after the US Supreme Courtroom struck down lots of Trump’s sweeping levies in February.

    Revealed On 6 Aug 20266 Aug 2026

    United States President Donald Trump’s administration has refunded about $100bn in tariffs for the reason that nation’s prime courtroom dominated towards its use of emergency powers to impose duties on dozens of commerce companions, in accordance with customs officers.

    The Trump administration collected about $166bn from US importers earlier than the US Supreme Courtroom struck down a big portion of the president’s tariff regime in a 6-3 ruling in February.

    Really useful Tales

    listing of 4 gadgetsfinish of listing

    In a courtroom submitting on Tuesday, the US Customs and Border Safety (CBP) disclosed that it had returned greater than three-quarters of $128.68bn in tariff revenues earmarked as “potential and licensed refunds”.

    “CBP’s monetary accounting system receives updates from Treasury that point out these CBP licensed refunds are being commonly dispersed,” Brandon Lord, govt director of CBP’s Commerce Coverage and Applications directorate, stated within the submitting with the US Courtroom of Worldwide Commerce.

    In its ruling, the US Supreme Courtroom discovered that Trump exceeded his authority when he invoked the 1977 Worldwide Emergency Financial Powers Act (IEEPA) to impose fentanyl-related tariffs on Canada, Mexico and China, and broader “reciprocal” tariffs on greater than 90 international locations.

    Trump angrily denounced the ruling on the time, branding the six justices who sided towards him “fools” and “lapdogs” for the Democratic Social gathering.

    The ruling didn’t nullify Trump’s tariffs on particular industries invoked beneath the 1962 Commerce Enlargement Act, leaving intact duties on items together with metal, vehicles and copper.

    Following the Supreme Courtroom’s resolution, the US Courtroom of Worldwide Commerce in March dominated that firms affected by the invalidated tariffs ought to be refunded.

    Trump has continued to roll out new tariffs for the reason that Supreme Courtroom’s ruling.

    Final month, his administration introduced levies of 10-12.5 % on imports from dozens of nations that officers declare haven’t taken ample motion to fight pressured labour.

    On Monday, a gaggle of 25 US states, together with New York, California, Arizona and Colorado, filed a authorized problem towards the newest tariffs, calling the measures a pretext to re-impose the duties struck down in February.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleThe ‘Most TDs by NFL franchise’ quiz
    Next Article Commentary: AI didn’t ruin these films. It made them possible
    Team_Prime US News
    • Website

    Related Posts

    Latest News

    Trump names Will Scharf as White House counsel ahead of midterms | Donald Trump News

    August 10, 2026
    Latest News

    Could Morocco’s football chief Fouzi Lekjaa become its next prime minister? | Elections News

    August 10, 2026
    Latest News

    Germany warns of ‘daily hybrid warfare’ after explosive-laden drone found | Russia-Ukraine war News

    August 9, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Most Popular

    The ‘NBA Lottery Era No. 1 picks’ quiz

    January 22, 2026

    Market Talk – August 7, 2026

    August 7, 2026

    Syria clears fighters from Druze city of Suwayda, declares halt to clashes | News

    July 20, 2025
    Our Picks

    Tech leaders say AI means less work – their staff say they work up to 90 hours a week

    August 10, 2026

    Why Is France Preparing For A Nationwide Blackout In 2027?

    August 10, 2026

    Boat Carrying 14 Overturns Near Statue of Liberty Killing Mother and 5-Month-Old Baby – Captain Arrested as Authorities Investigate Possible Illegal Charter

    August 10, 2026
    Categories
    • Latest News
    • Opinions
    • Politics
    • Sports
    • Tech News
    • Trending News
    • US News
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Primeusnews.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.