The Guardian8/5/2026, 10:43:44 AM

US refunds $100bn of Donald Trump’s ‘liberation day’ tariffs

WorldPing

More than half of tariff income refunded after supreme court ruled Trump’s levies were illegal Business live – latest updates The Trump administration has refunded about $100bn from the tariffs it collected before the US supreme court ruled them ille…

This is a short WorldPing brief. The full report was published by The Guardian.

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Donald Trump says oil execs have made too much money since blockade of Hormuz Strait

WorldPing

France 24

Donald Trump says oil execs have made too much money since blockade of Hormuz Strait

As a consequence of the Iran war and the blockade of the Strait of Hormuz, oil prices have soared. The profits of the industry's biggest companies have also skyrocketed, and US President Donald Trump believes they're making far too much money.

Brief by WorldPing · Original reporting by France 24