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The Nexus
BUSINESSJul 14 · 17:02 UTCSEMAFORJake Angelo

Tariff refunds weigh on federal budget

Tariff refunds are causing a federal budget strain, with the US paying $26 billion more in refunds than collected in June due to a Supreme Court decision. The White House's tariff strategy to close the budget gap has resulted in over $80 billion in refunds to companies, which now face pressure to share the money with customers.

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