Retailers handed ‘liberation day’ tariff boost as US gov refunds $100bn

US retailers could receive a substantial cash-flow boost after Donald Trump’s administration refund about $100bn (£74bn) of tariffs ruled unlawful by the Supreme Court.
The repayments represent 60 per cent of the $165bn (£123bn) collected through Trump’s “liberation day” tariffs, according to figures presented by customs officials to the US Court of International Trade.
The Supreme Court struck down part of the president’s tariff programme in February, f