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Trump administration pays out $100 billion in tariff refunds to businesses

The U.S. government has refunded more than $100 billion to several companies for tariffs they paid after the Supreme Court deemed them illegal, according to a court filing this week. But will consumers see any of that money? CBS News MoneyWatch reporter Megan Cerullo joins to discuss.

Published August 7, 2026, 11:48 PM
Updated August 8, 2026, 12:02 AM2.7K
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Trump administration pays out $100 billion in tariff refunds to businesses

The U.S. government has refunded more than $100 billion to several companies for tariffs they paid after the Supreme Court deemed them illegal, according to a court filing this week. But will consumers see any of that money? CBS News MoneyWatch reporter Megan Cerullo joins to discuss.

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