Categories: Business

Big payback: US launches portal to refund $166 billion in tariffs collected from Trump policy nixed by SCOTUS

The US government has launched a tool to refund over $166 billion in tariffs imposed by former President Trump, following a Supreme Court ruling. Importers can now submit documentation to recover payments, with electronic refunds for approximately $127 billion in duties available initially. The extent of consumer repayment hinges on companies sharing recovered funds.

The News Vista

Leave a Comment
Share
Published by
The News Vista
4 months ago

Recent Posts

“Today you are students; tomorrow you will be scientists, artists, leaders”: UP CM calls for deeper India-Japan youth ties

Speaking at an interaction in Lucknow with Yamanashi Governor Kotaro Nagasaki, 13 Japanese high school…

2 hours ago

Jantar Mantar sees large anti-reservation protest despite Delhi Police warning

A large crowd gathered at Delhi's Jantar Mantar for a protest. These protesters demanded changes…

2 hours ago

Uttarakhand CM felicitates Lakhpati Didis and women entrepreneurs at Chief Minister’s Udyamshala Chaupal 2026

2 hours ago

Gold, silver shine brighter: Bullion prices hit 3-month highs as weak dollar boosts demand

Gold and silver prices climbed significantly on Friday, reaching levels not seen in over three…

2 hours ago

‘Mental age’ of 8 or 9 years cannot automatically mean adult woman lacks sexual capacity: Gauhati HC acquits rape convict

Justice Sanjeev Kumar Sharma allowed the appeal filed by P. Rohmingsanga and set aside the…

2 hours ago

‘World looking at India as bright spot of growth & hope’: PM Modi at Economic Times World Leaders Forum 2026

2 hours ago