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CNBC

Trump admin refunds $100 billion in 'liberation day' tariffs

Wednesday, August 5, 2026


The Trump administration announced refunds of tariffs totaling approximately $100 billion that had been imposed under emergency authorities. The administration stated it was implementing alternative legal mechanisms to maintain tariff policies while addressing court challenges to the original tariff authority.

Original reporting: https://www.cnbc.com/2026/08/05/trump-tariffs-refunds-ieepa-lawsuit.html

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