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‘Damage from the chaotic tariff regime cannot be refunded’: The $100 billion in refunds have wiped out revenue the import taxes brought in since May
The magnitude of tariff refunds the Trump administration must dole out is now outpacing how much money it’s bringing in through the impor…
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The magnitude of tariff refunds the Trump administration must dole out is now outpacing how much money it’s bringing in through the import taxes, and it’s dealing a new blow of damage to the U.S. economy, one think tank warned. In May, when the U.S. Customs and Border Protection (CBP) rolled out its online tariff refund portal, the U.S.
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