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 that paid the tariffs are now eligible for refunds following the court's decision that the tariff structure was not legally authorized. The refund process is being managed by the Treasury Department and Customs and Border Protection. This represents a significant reversal of Trump-era trade policy and will provide substantial financial relief to affected companies.