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'Damage from the chaotic tariff regime cannot be refunded': The $100 billion in refunds have wiped out revenue the import taxes brought in since May - Fortune

Published by Fortune By Sasha Rogelberg · 21 August 2026 at 17:37
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'Damage from the chaotic tariff regime cannot be refunded': The $100 billion in refunds have wiped out revenue the import taxes brought in since May - Fortune
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What the report says

In June, the Trump administration saw a more than $25 billion loss in net customs revenue as a result of tariff refunds outpacing revenue.

Read the full report at Fortune →

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