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One year later, Trump tariffs generated billions as refunds take shape

One year ago, President Donald Trump launched sweeping global tariffs, ratcheting up trade tensions and fueling new concerns about the U.S. and global economy.

Dubbed "Liberation Day," the tariffs targeted imports broadly, with Trump arguing they would fix trade imbalances and curb reliance on foreign goods. 

A year later, many of those tariffs have been struck down by the Supreme Court. The federal government is now working on a plan to refund roughly $166 billion in improperly collected duties...

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