US Tariff Refund Surge: $166 Billion at Stake as States Demand Transparency
US Customs begins processing $166 billion in tariff refunds after court rulings, sparking a debate over whether consumers will ever recover the added costs they paid.
News & Insights Across Asia
US Customs begins processing $166 billion in tariff refunds after court rulings, sparking a debate over whether consumers will ever recover the added costs they paid.
Repeated use of tariffs by the U.S. may backfire, warns Professor Amitav Acharya. Overused threats lose impact, potentially triggering a global butterfly effect that harms the U.S. economy.
Economist Xing Yuqing warns that President Trump’s tariff threats against Canada and Mexico may lead to America’s isolation in the global economy.
China’s Ministry of Commerce calls on nations to resist U.S. economic coercion in the semiconductor sector, urging global cooperation to maintain stable industrial and supply chains.