Trump's 'Liberation Day' tariff refunds hit $100bn

Trump's tariff refund policy, dubbed "Liberation Day", has resulted in repayments totaling over $100 billion. These refunds account for approximately 60% of all tariff revenue collected by the US government under the policy. The significant refunds indicate a substantial portion of the tariff revenue is being returned to importers. The policy's impact on trade and revenue continues to be closely monitored.

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