# US refunds $100bn in Trump 'liberation day' tariffs

The US government has refunded $100 billion in tariffs imposed during Donald Trump's 'liberation day' trade policy. The move reverses a major portion of the levies that had raised costs for importers and consumers. This marks a significant policy shift with broad economic implications.

**Importance:** 4/5

## Sources

### World
- [The Guardian World](https://www.theguardian.com/us-news/2026/aug/05/trump-administration-has-paid-back-100bn-of-165bn-tariff-refunds) — Wed, 05 Aug 2026 10:43:44 GMT
- [Al Jazeera](https://www.aljazeera.com/economy/2026/8/6/trump-administration-refunds-100bn-in-tariffs-struck-down-by-supreme-court?traffic_source=rss) — Thu, 06 Aug 2026 03:34:09 +0000

### Business
- [BBC Business](https://www.bbc.co.uk/news/articles/cwyewn5wexvo?at_medium=RSS&at_campaign=rss) — Wed, 05 Aug 2026 18:08:22 GMT
- [Washington Post Biz](https://www.washingtonpost.com/business/2026/08/07/how-get-your-tariff-refund/) — Fri, 07 Aug 2026 09:00:00 +0000