this post was submitted on 20 Feb 2026
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The Supreme Court on Friday ruled that President Donald Trump violated federal law when he unilaterally imposed sweeping tariffs across the globe, a striking loss for the White House on an issue that has been central to the president’s foreign policy and economic agenda.

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[–] can_you_change_your_username@fedia.io 216 points 12 hours ago (9 children)

There are already lawsuits filed for refunds of tariff payments. Of course the money will go to the companies that made the payments. All of us who actually paid them by paying more for basically every consumer good are out of luck.

[–] anomnom@sh.itjust.works 2 points 4 hours ago

Some of us paid it to import companies prior to delivery (DHL charged us an extra $40 bucks for a couple items my wife bought online).

[–] ExLisper@lemmy.curiana.net 62 points 10 hours ago* (last edited 10 hours ago) (5 children)

Companies that made the payments already sold their rights to this refunds to investment funds for cents on the dollar. Now the funds will make shitload of money. And guess who invested in all of it? Yes, people connected to Trump!

https://www.wired.com/story/cantor-fitzgerald-trump-tariff-refunds/

They straight out robbed everyone.

[–] Furbag@lemmy.world 1 points 2 hours ago

Yet another outrageous wealth transfer... It's almost like a game to them at this point - how many ways can they export the American taxpayer before they either run out of ideas or we put their heads on spikes?

[–] AA5B@lemmy.world 2 points 5 hours ago

Anyone else would avoid a conflict of interest. They just looke to monetize it

[–] CannonFodder@lemmy.world 7 points 7 hours ago

This explains the sc decision. The billionaires bribed them to make bank with these refund investments.

[–] gravitas_deficiency@sh.itjust.works 22 points 10 hours ago (1 children)

Lmfao of course they had something like this set up

[–] ExLisper@lemmy.curiana.net 8 points 9 hours ago (1 children)

I posted this link before. Sometimes I feel like not everyone here is reading my comments.

I must have missed it - I try to take breaks from doomscrolling occasionally 😛

[–] Triumph@fedia.io 139 points 12 hours ago (2 children)

Wealth transfer from labor to the ownership class.

[–] Lucidlethargy@sh.itjust.works 8 points 5 hours ago* (last edited 5 hours ago)

Yup. This is exactly what these tariffs did.

This was the highest tax increase on the American people in decades. And MAGA idiots cheered the entire time they lost money. Fuck all of them.

[–] henfredemars 47 points 10 hours ago

Sounds like the system is working as intended.

[–] supersquirrel@sopuli.xyz 62 points 12 hours ago* (last edited 12 hours ago)

Yeah, it is kind of like seeing you car that was stolen on the news being returned to the person who resold it from the person who stole your car.

Justice!

[–] credo@lemmy.world 42 points 11 hours ago* (last edited 11 hours ago)

Hah! It gets better than that.

We are going to have to pay again in taxes to make up for the new shortfall.

[–] Lemmyoutofhere@lemmy.ca 23 points 11 hours ago

And people are delusional if they think these prices will go back down.

[–] natecox@programming.dev 19 points 11 hours ago

Really excited for the Transparent Wealth Transfer Act of 2026.

[–] merc@sh.itjust.works 5 points 9 hours ago

It this were a proper, well regulated capitalist marketplace with actual competition, the company that sold you the widget might offer you a rebate on your next order so that they could keep your business. But, when your only real option is Amazon, they know you're not going anywhere, so they'll keep the tariff repayment and just wait for your next order.

[–] venusaur@lemmy.world 9 points 11 hours ago

It’s always a win win for the wealthy