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May 2026
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The big return of tariffs: $166 billion being returned by the Trump administration to importers—but not to consumers

Washington is opening, starting today Monday, the process of refunds for tariffs that were deemed illegal. It’s a relief for thousands of businesses—but not for consumers, who paid higher prices and are excluded from direct compensation

Trump raised the new tariffs to 15% on all imports from all countries

The US President announced that the tariffs he had initially said would be imposed at 10% will ultimately be 15%

Trump’s head-on clash with the Supreme Court: 10% global tariff, the day after the ruling and the President’s “workaround”

IEEPA-based tariffs scrapped, Article 122 activated – What the new regulation provides, possibility of billions in refunds open – International reactions

Historic opportunity for Greek agri-food products from the EU–India agreement – Tariffs on olive oil reduced to zero

The trade agreement also brings major de-escalation for wine and spirits, drastically reducing entry barriers and strengthening export prospects for Europe & Greece

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