The Trump administration has refunded roughly $100bn of the tariffs it collected after “liberation day,” according to reports citing US customs officials. The refunds represent about 60% of a total $165bn in levies collected before the US Supreme Court struck down the tariffs as illegal. The US Court of International Trade (CIT) receives updates on the repayment process, and the reported $100bn (£74bn) figure was presented to the CIT on Tuesday, the Financial Times reported. The development follows the Supreme Court’s ruling, after which the government began returning money to companies that had paid the challenged levies. The refunds are intended to unwind the payments that were found unlawful. While the reported amounts indicate that a substantial share of the collected tariffs is being repaid, the remaining balance has not been described in the provided reports. Overall, both outlets describe a refund process underway for tariffs collected in the period leading up to the Supreme Court decision, with about $100bn already returned to affected businesses.