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Hard Numbers

You tariff some, you refund some

You tariff some, you refund some
Will Fitzpatrick
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The repayment accounts for about 60% of the $165 billion that the Trump administration collected from tariffs. Most of the refunds so far have gone to companies, notably larger tech companies – Apple reportedly received $2.2 billion, and Amazon $600 million. But the Supreme Court’s ruling hasn’t stopped Trump from trying again: he recently imposed a fresh round of tariffs on over 80 countries using a different part of the trade code known as “Section 301.”

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