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US finalises US$35.5 billion in refunds for illegal Trump tariffs

SCMP Culture 12 May 2026 15h ago
US finalises US$35.5 billion in refunds for illegal Trump tariffs
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Relevance
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Authority
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Brand Signal
11/15
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The US customs agency has ⁠processed refunds including interest ⁠worth US$35.46 billion as of ⁠May 11 for tariffs imposed by President Donald Trump last year that were deemed illegal, according to a Tuesday court filing. As of 7am on May 11, ‌the US Customs and Border Protection had received 126,237 applications for refunds covering an undisclosed number of shipments or entries, according to the c
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