The US government has refunded more than $81 billion in tariffs collected under former President Donald Trump's economic policies.
This follows a Supreme Court ruling that declared those tariffs illegal.
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According to recently released budget figures, refunds have surged during the current fiscal year that began in October 2025.
In contrast, only $5 billion was refunded during the same period last year.
Supreme Court Decision Drives Refund Spike
A Treasury department official stated that the spike is primarily due to the Supreme Court's decision. The bulk of refunds occurred in May and June.
Trump had implemented these tariffs as part of his economic strategy. The goals included revitalizing American manufacturing, negotiating better trade agreements, and reducing the federal deficit.
However, the federal deficit has now increased to $1.367 trillion in the first nine months of the fiscal year.
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This marks a 2% rise, as reported by The Guardian.
The US government also spent over $1 trillion on interest payments on its debt.
This reflects a 14% increase, while military expenditures rose by 5% due to ongoing conflicts in the Middle East.
The current temporary 10% global tariff is set to expire on July 24.
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The White House is preparing to impose new duties to address concerns over enforcement of anti-forced labor laws and excess industrial capacity.
