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.
Get the full scoop on tariffs through expert analysis, breaking news updates, and essential context from the Morning Brew team.
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.
But many businesses seem eager to get money back ASAP, since they began legal proceedings months ago.
President Trump announced that he reached a framework agreement with NATO.
The world's power brokers will be listening to what the President has to say
Like a ghost pepper dropped in the stew, every news story in 2025 was flavored by tariffs.
The president hasn't set a date for the new tariff level.
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