Trump forced to refund billions in tariffs – The Latest
Published: 2026-07-21 • Permanent link
The US government has been forced to pay billions in refunds to companies that were hit by Donald Trump’s ‘liberation day’ tariffs.
The US has paid out $81bn (£61bn) this fiscal year after the supreme court ruled the tariffs were illegal.
More details are emerging as this story continues to develop. Stay with Banking With Billy for ongoing coverage and analysis.
Why it matters: The US government has been forced to pay billions in refunds to companies that were hit by Donald Trump’s ‘liberation day’ tariffs. The US has paid out $81bn (£61bn) this fiscal year after the supreme court ruled the tariffs were illegal....
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Billy Odell Tucker-Robinson is the founder and host of Banking With Billy, an independent financial intelligence platform covering markets, stocks, AI, crypto, and world news. Billy operates a 24/7 live AI radio and Stock TV platform, hosts a growing Discord community, and produces daily content on YouTube @BankingWithBilly.
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