US begins $166B tariff refunds after court ruling

The US government has begun refunding up to $166 billion in tariffs that were charged under President Donald Trump's administration after the Supreme Court ruled the policy unlawful. Businesses can now file claims through a new customs system, with over 330,000 importers across 53 million shipments expected to be eligible. Once approved, refunds plus interest will be paid within 60 to 90 days. The policy reversal follows a judicial ruling that the tariffs were unlawfully imposed.