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Live Updates  >  Live Update Details

2026-02-21 00:22:31

[US May Need to Refund $175 Billion in Tariffs] The Trump administration has not released tariff data since December 14. However, economists at the Wharton School of the University of Pennsylvania's budget model estimated earlier today that the total amount of Trump's tariffs imposed under the International Emergency Economic Powers Act (IEEPA) exceeds $175 billion. With the Supreme Court ruling the tariffs illegal, this sum may face a refund requirement. (CCTV International News)

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