U.S. refunds 100 billion USD in "Liberation Day" tariffs

The Trump administration has paid out about 100 billion USD in tariff refunds since the U.S. Supreme Court ruled in February to strike down its use of emergency economic powers to levy heavy taxes on trading partners, according to a UK media report on Tuesday.

The sum represents nearly 60 percent of the total 165 billion USD collected through the so-called "Liberation Day" tariffs.

U.S. refunds 100 billion USD in "Liberation Day" tariffs

European stocks closed mixed across the board on Wednesday.

The United Kingdom's FTSE 100 index rose 0.08 percent to close at 10,888.30 points. France's CAC 40 index gained 0.03 percent to finish at 8,669.30 points. Germany's DAX index dropped 0.29 percent to end the session at 26,126.30 points.

European stocks close mixed Wednesday