U.S. tariff refunds surged to nearly $50 billion in June, outpacing new revenue
The Treasury paid out more than twice what it collected in customs duties last month, deepening the fiscal cost of the Supreme Court's tariff ruling
Overview
The Treasury paid out more than twice what it collected in customs duties last month, deepening the fiscal cost of the Supreme Court's tariff ruling
Source
Originally published at qz.com.
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