Businesses claw back $110b in Trump's unlawful tariffs (australia) — ABC News – Top stories
ABC News – Top stories ·australia ·2 hours ago

Businesses claw back $110b in Trump's unlawful tariffs

Businesses worldwide are recovering $110 billion in tariffs following a ruling deeming Donald Trump's 2025 tariffs unlawful. Australian brand Nashie received a six-figure refund, including interest, with co-founder Tom Wilson expressing disbelief at the reimbursement. The ruling has sparked a historic wave of refunds, with $80 billion already returned since May 2026.

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Published 15 Jul 2026, 18:52 UTC · Updated 15 Jul 2026, 19:00 UTC

Summary by OZbrief Editorial. Original report: ABC News – Top stories. Editorial policy · Corrections