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US may be forced to refund ₹16 lakh crore as Trump's tariffs get blocked
short by Ashley Paul / on Friday, 20 February, 2026
US government may be forced to refund $175 billion (nearly ₹16 lakh crore) to importers after the US Supreme Court struck down most of the tariffs announced by Donald Trump. The number was estimated by economists of Penn-Wharton Budget Model, a non-partisan fiscal research group. The estimated amount would exceed US' total budget for its transport and justice departments.
read more at Reuters