GeneralBearishCrypto Briefing · 4h ago7/10
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US Treasury refunds nearly $22B in May tariff revenue as Supreme Court ruling triggers massive clawback
The US Treasury is refunding nearly $22 billion in tariff revenue collected in May following a Supreme Court ruling that invalidated the legal basis for those tariffs. This massive clawback reflects fiscal instability and could have ripple effects on government operations and financial markets as the Treasury manages unexpected outflows.
