Democrats win Senate and House in midterm rebuke of TrumpTrump keeps Iran strike option open as Tehran vows larger response after midtermsKomyshuvakha death toll reaches 40 as Russia strikes Ukraine's power gridIran says four more tankers burn after hitting mines near HormuzHouthis tighten Taiz siege and claim Riyadh airport strike as fighting spreadsVance and Trump blame Iran war for Republican midterm routElection committee rejects fraud claims as Herzog opens government talksBritish health worker evacuated as WHO backs two Bundibugyo vaccine trialsUS-backed strike on ELN camp in Venezuela kills at least 20AI stocks slide, then broader markets rally after Democratic midterm sweepFrench blood service cold stores hacked as Ahold Delhaize counts cost of its attackMelania Trump's Oleshky mediation shapes Ukraine diplomacy ahead of Abu Dhabi talksEurozone inflation reaches 4% as energy prices climbIndonesia's president fires chief of staff after wiretapping arrestBrent drops below $100 as midterm result fuels hopes of US-Iran de-escalationDemocratic governors elected on pledges to curb data centres, putting AI build-out under scrutinyChina confirms contacts with Moscow and Washington on a possible Trump-Xi-Putin summitNorth Korea fires missiles, rejects US talks and denies crypto theftSouth Africans vote in local elections as ANC braces for heavy lossesOracle scraps $7bn Tencent chip deal under Trump pressureIsraeli strikes continue in Gaza as UN report says genocide persistsTrump's plan to end US military aid to Israel draws warningsHackers divert an estimated €118m from Crédit Mutuel ArkéaBangladesh agrees new garment pay scale after five days of protestCommission sees Montenegro in EU by 2028, urges Ukraine to speed up reformsBMW cuts outlook for second time since June as profit fallsTaiwan flags more than 100 Chinese naval and coastguard vessels in western PacificBandits kill soldier and pregnant woman, abduct 15 in NigeriaDanish students protest allowance cuts as France heads into another protest dayBeijing steps up stock-market support as chipmaker YMTC shelves IPOMeta starts debut euro bond sale as hedge funds flag private-credit risksGoogle to invest $15bn in Malaysian data centresPolish prosecutors probe President Nawrocki amid Constitutional Tribunal disputeCVS to split pharmacy business from insurer AetnaDemocrats win Senate and House in midterm rebuke of TrumpTrump keeps Iran strike option open as Tehran vows larger response after midtermsKomyshuvakha death toll reaches 40 as Russia strikes Ukraine's power gridIran says four more tankers burn after hitting mines near HormuzHouthis tighten Taiz siege and claim Riyadh airport strike as fighting spreadsVance and Trump blame Iran war for Republican midterm routElection committee rejects fraud claims as Herzog opens government talksBritish health worker evacuated as WHO backs two Bundibugyo vaccine trialsUS-backed strike on ELN camp in Venezuela kills at least 20AI stocks slide, then broader markets rally after Democratic midterm sweepFrench blood service cold stores hacked as Ahold Delhaize counts cost of its attackMelania Trump's Oleshky mediation shapes Ukraine diplomacy ahead of Abu Dhabi talksEurozone inflation reaches 4% as energy prices climbIndonesia's president fires chief of staff after wiretapping arrestBrent drops below $100 as midterm result fuels hopes of US-Iran de-escalationDemocratic governors elected on pledges to curb data centres, putting AI build-out under scrutinyChina confirms contacts with Moscow and Washington on a possible Trump-Xi-Putin summitNorth Korea fires missiles, rejects US talks and denies crypto theftSouth Africans vote in local elections as ANC braces for heavy lossesOracle scraps $7bn Tencent chip deal under Trump pressureIsraeli strikes continue in Gaza as UN report says genocide persistsTrump's plan to end US military aid to Israel draws warningsHackers divert an estimated €118m from Crédit Mutuel ArkéaBangladesh agrees new garment pay scale after five days of protestCommission sees Montenegro in EU by 2028, urges Ukraine to speed up reformsBMW cuts outlook for second time since June as profit fallsTaiwan flags more than 100 Chinese naval and coastguard vessels in western PacificBandits kill soldier and pregnant woman, abduct 15 in NigeriaDanish students protest allowance cuts as France heads into another protest dayBeijing steps up stock-market support as chipmaker YMTC shelves IPOMeta starts debut euro bond sale as hedge funds flag private-credit risksGoogle to invest $15bn in Malaysian data centresPolish prosecutors probe President Nawrocki amid Constitutional Tribunal disputeCVS to split pharmacy business from insurer Aetna
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Symbolic image: US refunds about $100bn of Trump tariffs after Supreme Court rulingSymbolic image

US refunds about $100bn of Trump tariffs after Supreme Court ruling

4 sources

The Trump administration has refunded importers about $100bn of the "liberation day" tariffs, roughly 60% of what it collected. The Supreme Court ruled the levies illegal in February.

What happened

  • Customs filings posted to the Court of International Trade on Tuesday, 4 August put claims processed or pending at about $128.68bn.
  • The Supreme Court found the emergency law IEEPA did not authorise the duties; a federal court then ordered repayment.
  • Total collected under the struck-down tariffs was $165bn (Guardian) to about $166bn (Le Monde, TASS).
  • Sectoral duties on steel, aluminium, copper and lumber were untouched by the February ruling.
  • New levies of 10% to 12.5%, imposed last month under section 301, now cover some 60 countries and the EU.

The view from outside

Russia's TASS, citing CNBC, puts the emphasis on the administration rebuilding a comparable tariff regime through other legal mechanisms, and quotes Trump saying the ruling only forced it to use a different method.

What could happen next

  • Twenty-five Democrat-led states have asked the CIT to void the section 301 levies and order refunds of duties already paid.
  • The states argue the new tariffs cover 99.4% of US imports; the administration cites insufficient action against forced labour.
  • The federal deficit reached $1.37tn in the first nine months of the fiscal year, up 2% on 2025.
  • The filings do not say how much of the $128.68bn in claims is still outstanding.
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