Trump administration pays out $100 billion in tariff refunds to businesses

The U.S. government has refunded more than $100 billion to several companies for tariffs they paid after the Supreme Court deemed them illegal, according to a court filing this week. But will consumers see any of that money? CBS News MoneyWatch reporter Megan Cerullo joins to discuss.

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Scoop News DeskU.S · Published Friday, August 7, 2026 at 11:48 PM UTCUpdated Saturday, August 8, 2026 at 4:39 AM UTC

Scoop News reporting summary

The text below was supplied by the Scoop Newsroom app. Third-party reporting is attributed in the source panel.

🔴 **U.S — Trump administration pays out $100 billion in tariff refunds to businesses**

Category: Breaking news / developing story Date/time: Friday, August 7, 2026 at 7:48 PM Location: U.S Status: Reported by CBS News; verification is continuing

Reported circumstances: No additional circumstances have been independently established beyond the attributed update above.

Injuries/deaths: **No confirmed injuries or deaths are stated in the available reporting.** Suspect status: N/A Public impact: No verified wider public impact has been detailed yet.

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