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🔴The US may need to repay $175 billion in tariffs.
Breaking News
On February 20, the US Supreme Court ruled that the Trump administration's tariff policy was unreasonable. The Trump administration had not provided tax collection data since December 14. However, economists at the Wharton School of Budget Modeling at the University of Pennsylvania had previously estimated that Trump's tariffs, imposed under the International Economic Powers Act, exceeded $175 billion. With the Supreme Court ruling, this amount may have to be repaid.
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