‘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

‘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 →

In June, the Trump administration saw a more than $25 billion loss in net customs revenue as a result of tariff refunds outpacing revenue.