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Why US tariff refunds worth $166 billion won't repair the damage to trade
Power & Policy

Why US tariff refunds worth $166 billion won't repair the damage to trade

The US Supreme Court struck down Trump's tariffs, but businesses that cancelled orders, lost customers, or stopped US shipping cannot recover those losses.

Why it mattersAustralian businesses face delays getting refunds via Australia Post, and a new 12.5% tariff on Australian exports kicked in on July 24.

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