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How far does this refund go? My distributor paid the tarrifs and then passed that cost onto me, which I passed onto my customers.
Will my customers, distributors, or myself be refunded? I assume just my distributor since they directly paid the tarrif. And I doubt prices will come down when tarrifs end, so everything is permanently more expensive for no fucking reason, and the top middle man just boosted his profit margin through the roof.
So that would mean that the Trump tariffs were sending American money overseas for no reason. I doubt it'll actually happen, but holy shit is Trump an incompetent idiot.
What are you distributing?
All that money will go to the businesses, you’ll get a coupon for $1 off and a free credit check.
Seeing that our Judicial branch is limping along, and at least attempting to curtail this march toward totalitarianism, gives me hope.
I'll be pleasantly surprised if this happens.
how would refund like this even work? Many businesses closed shop entirely due to these tarrifs, could they sue the government too? This would be crazy and this massive overhead risk could block the entire thing.
This is why huge policy changes are discussed and planned for years. One guy being able say "Tariffs starting on Monday!" is fucking idiotic.
Most likely the only ones getting refunds are those joined to the law suit that got the tariffs removed. Everyone else is SOL.
No refunds, sorry.
much like all the other illegal shit dumpy mcshitpants has done, who is gonna tell him he can't have his big boy tariffs?
So the idiot who managed to ruin every business he ever owned created an absolute clusterfuck running the US, who could've known?
Hey now, he only serially ruined businesses in order to enrich himself. Dodging taxes and shit like that makes him a good businessman, actually. Just ask my old boss. He'll tell you all about trump's genius business acumen in excruciating detail all day long. Yes, he does own his own business, no it's not doing well but he's got a corvette, so he's pretty sure he's right.
Points for consistency? 🤷♂️
Art of the deal?
Surely the price hikes will reverse at that point and won't just remain higher indefinitely causing another price/price inflationary spiral.
The companies importing products sold their debt to massive debt collecting firms who will receive the rebate so no.
And the prices? Oh nothing will fundamentally change 😉
Never mind the consumers eh? WE are the ones most directly affected. Businesses lost nothing
plenty of businesses literally closed FYI
How much of that will be pocketed by his cronies because the rules for payout were vague enough for their random LLC.
Lutnick's company has been literally buying up claims to these tariff refunds for pennies on the dollar.
https://www.wired.com/story/cantor-fitzgerald-trump-tariff-refunds/
Pretty sure refunded tariffs will be based on transactions and... Yeah you are right nevermind.
That money should go to us because the business passed the price increases on to us!
The businesses will raise a lawsuit that the money is theirs and you will lose again.
And the prices won't go back down.
And half the country will blame immigrants and trans people
This exactly.
When do Trump and the magats drink the poison koolaid? I’m getting impatient
I don't think that happens until command gets forced into the bunker and the army is defeated.
75-85 million people died before that happened
Hrm, 77 million people voted for him...
and this time we have nukes from the start
Hoping for Trumplethinskin to kick the bucket soon. It'll be a doozy. I can barely contain myself watching the news of him looking decrepit.
Not only will the consumers never see a dime of any of the money if it's refunded, the companies aren't going to lower prices because you've already absorbed the price shock.
Right. Everything today is about softening you up. They say, we will kill you—and you panic—then they roll it back to just losing an arm, and you’re happy about it.
Alas, a lot people have already lost an arm and a leg and there's still no end in sight.
This is called "price anchoring" when used in business. They throw out an outrageously high number to start and then follow it up with something less to make it seem like a good deal when that was really the price they wanted all along.
$200 billion / 330 million Americans = $606 each. More or less.
And that's just the illegal tariffs.
Around $6000 to my small business. I’m sure the Supreme Court will side with Trump though.
Small businesses, back of the line. Gotta make sure those billionaires don't lose out first.
Was it not the end consumer who paid those tariffs?? Frankly, I'd rather it be given back to the business at least, but let's not pretend that they didn't extract it from their customers. End it so that other companies can't as easily gouge based on the idea of tariffs.