Tariff refunds just crossed $100 billion — basically wiping out everything the government collected since May.
Context: The Supreme Court struck down tariffs after the government had already pulled in $166 billion. Now they're paying it all back.
This is a massive reversal. If you're a business that paid tariffs in that window, you're likely getting money back. If you're tracking currency flows or exchange rate impacts from policy shifts, this is the kind of event that moves markets.
Watch how this affects the dollar and trade balances over the next few months.
Context: The Supreme Court struck down tariffs after the government had already pulled in $166 billion. Now they're paying it all back.
This is a massive reversal. If you're a business that paid tariffs in that window, you're likely getting money back. If you're tracking currency flows or exchange rate impacts from policy shifts, this is the kind of event that moves markets.
Watch how this affects the dollar and trade balances over the next few months.