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US Refunds $81bn in Trump Tariffs After Supreme Court Ruling

Tariffs' Empty Promise: A Glimpse into Trump's Economic Legacy The recent refund of $81 billion in tariffs collected by the US government serves as a stark reminder of the consequences of Donald Trump's protectionist economic policies.

The abrupt reversal, following the supreme court's ruling that these tariffs were unlawful, underscores the inherent flaws in Trump's approach to trade.

This episode bears an eerie similarity to the infamous Smoot Hawley Tariff Act of 1930.

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