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After the Supreme Court struck down the Trump administration's Liberation Day tariffs
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the big question was whether companies would get their money back. Now we have the answer, and the payouts are starting
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The first wave of refunds is now going out. Major companies like Walmart, Target, and Nike expect billions
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while others, including General Motors and Macy's, are looking at hundreds of millions of dollars
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The government set up an online portal last month for importers to file
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similar to a tax return. Customs and Border Protection says about 330,000 entities paid tariffs since last April
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totaling roughly $166 billion. President Trump pushed back over the weekend, criticizing the ruling and two justices he appointed
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On Truth Social, he said the decision will cost the U.S. billions and argued the court could have blocked the refunds
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So far, about 75,000 businesses have filed claims. Officials say around 15 percent have been rejected, mostly for paperwork issues or ineligible shipments
