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High Impact

TRUMP ADMINISTRATION TO BEGIN REFUNDING $166B IN TARIFFS The U.S. government will start refunding up to $166 billion in Trump-era tariffs after the Supreme Court ruled the policy unlawful.

📅
🏷Markets
📰via WB
✍️Edited by Luís Barata

The U.S. government will initiate refunds of up to $166 billion in tariffs imposed during the Trump administration, following a Supreme Court ruling deeming the policy unlawful. This development is likely to influence market sentiment through a reduction in trade-related costs, potentially improving risk appetite among businesses and investors. Sectors heavily reliant on imports, such as consumer goods and manufacturing, may see increased capital flows as companies adjust their pricing strategies. Traders will be particularly attentive to the April 20 start date for the refunds, which could lead to shifts in market dynamics as businesses react to the financial relief.

Source: Originally reported by WB at April 20, 2026. Summary and market context by Trading News Terminal editorial.

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