Biillions in Trump tariff refunds won’t unwind the damage done

An Australian clothing company, Nashie, recently received a six-figure refund from the US government, including 6% interest, for tariffs it had paid on US imports. It’s just one of thousands of businesses reclaiming tariffs imposed on what President Donald Trump called “Liberation Day.” Of the roughly US$166 billion due to be refunded, more than US$85 [...] The post Biillions in Trump tariff refunds won’t unwind the damage done appeared first on Asia Times .
2026-07-24 01:53:37