Tariffs' Tangled Web: A Dubious Legacy of Donald Trump's Economic Policy The recent report that the US has refunded about $100 billion from the tariffs collected under Donald Trump's "liberation day" tariffs raises more questions than answers about the efficacy and legitimacy of this economic policy.
The refunds, amounting to 60% of the total $165 billion collected, come after a Supreme Court ruling in February struck down a chunk of these extra tariffs.
Tariffs have long been a contentious issue in international trade, with proponents arguing that they help level the playing field by protecting domestic industries from cheap imports.