Companies are getting their huge tariff refunds
Of the $166 billion in tariffs the Supreme Court struck down in February, $129 billion in refunds have been approved as of July 31.
Understand the trends and market shifts shaping global trade, tariffs, & supply chains today with our comprehensive reporting and expert commentary.
Of the $166 billion in tariffs the Supreme Court struck down in February, $129 billion in refunds have been approved as of July 31.
The new levies apply to a group of trade partners that accounts for 99.4% of US imports.
To show he means business, Trump gave Tesla CEO Elon Musk and Nvidia CEO Jensen Huang a ride with him on Airforce One
From agriculture to fashion, the impacts stretch beyond the oil industry.
But many businesses seem eager to get money back ASAP, since they began legal proceedings months ago.
The landmark trade agreement is part of a wider trend of US allies diversifying their trade ties.
President Trump announced that he reached a framework agreement with NATO.
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