Economy
‘Damage from the chaotic tariff regime cannot be refunded’: The $100 billion in refunds have wiped out revenue the import taxes brought in since May
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Fortune
‘Damage from the chaotic tariff regime cannot be refunded’: The $100 billion in refunds have wiped out revenue the import taxes brought in since May
In June, the Trump administration saw a more than $25 billion loss in net customs revenue as a result of tariff refunds outpacing revenue.
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