<p>The U.S. Supreme Court ruled that the Trump administration's large-scale tariff policy was illegal. The Trump administration has not provided tariff collection data since December 14. However, earlier today, economists from the Wharton Budget Model at the University of Pennsylvania estimated that the tariffs imposed by Trump under the U.S. International Emergency Economic Powers Act have exceeded $175 billion. With the Supreme Court ruling it illegal, this amount may need to be refunded. (CCTV International News)</p>

.DJI

<p>The U.S. Supreme Court ruled that the Trump administration's tariff policy was illegal, which could lead to the U.S. needing to refund over $175 billion in tariffs. Since December 14, 2019, the Trump administration has not provided tariff collection data. According to estimates by economists from the Wharton Budget Model at the University of Pennsylvania, this tariff amount is based on the International Emergency Economic Powers Act</p>

The United States may need to refund $175 billion in tariffs