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None of us will see any money refunded. Remember that this is all planned out to make products more expensive for americans, so we get used to the higher prices. Then the companies with hundreds of millions in profit can make more profit when costs for them go down, they keep our prices the same and also SHRINK the size of the product.
Corporations are stealing from Americans every day and politicians are all in on the scam, so no one will do anything about it.
Eehhh, consumers paid this, not the businesses. This way businesses would essentially get a bonus
That's the point of Republican business support. Remember COVID, where businesses got money to "survive"?
Oh so we get to pay twice then. Great.
All that money will go to the businesses, you’ll get a coupon for $1 off and a free credit check.
Wouldn't surprise if this is part of the scam. Put on tarrifs, hike prices. Let the customer pay and then give companies a rebate with tax money. So the average citizen is charged twice. And of course those price hikes will only go partially down. So the consumer keeps getting screwed.
Soon "See, this is yet another example of why we can't trust the government to do anything right and why we should defund and shutter all of our public institutions." - moderate pundit on well respected mainstream news channel
The average citizen is charged more than twice when you consider that they're paying a much higher tax rate than the ultra-wealthy.
You think the price hikes are going down? Lol
It is. Trump has his own stablecoin. That means he needs to hold massive $ reserves. So high rates due to lots of government debt are good for Trump.
And they'll continue to raise prices. It will become the new "supply chain issues".
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.
No, the US company recieving the import pays the tarrif to the US government.
But yes, Trump is an idiot.
Oh, duh. I'm embarrassed I got it confused. I was thinking that the cost is passed on to the importer, but it's actually paid by the importer.
Yeah they aren't telling companies you have to pay to send your product here, because there would be no way to collect that, as they aren't governed by us. (Trolls standing on a bridge comes to mind). Instead every item imported into the country is bought by someone, that someone has to have an itemized list of what they purchased to go through customs and what not to make sure they aren't crates full of dynamite, or plant seeds that are unauthorized. That inventory and costs are then taxed by the government or held by customs I believe.
e.g. If Paul sets a tariff on Amazon orders at his house, his wife orders a package off Amazon. USPS or whomever delivers the package, Paul's security guard, likely Paul himself gets the inventory of the packages that arrive, see it is from Amazon and charges his wife 50% of that cost to take it into the house. Amazon has no part in that process. Buttt what it may do is make Puals wife less likely to order from Amazon, IF it is cheaper to get the product from someone else then. If the product was $50 on Amazon, and $100 at the store, she would still buy it off Amazon as she would still only pay $75 after the tax, instead of $100.
Paul just made $25 in taxes that he can invest into the house. His wife spent $25 more. Amazon made the same, but may lose future business.
Right. I was thinking of the suspension of the de minimis exemption. Because that's an $80 fee that the exporter does have to pay, if I understand it correctly.
This was abundantly clear since he was on Howard stern in the 80’s haha
Yes, yes he is and that was abundantly clear from his first term. But at least the female POC didn't get in, right? Dodged a bullet there.
/s of course
What are you distributing?
I'm a locksmith, I mostly program car keys for customers. Basically every car key is produced overseas.
Is the Syracuse factory not producing anymore?
AKA: Trump's standard delaying tactic whenever he gets ruled against.
Appeal everything no matter how ridiculous, just to waste time and allow him to keep doing whatever shitty thing for a few more months/years until all appeal venues are exhausted.
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.
Yuuuuuup! One of the key parts of planning policies is evaluating its strength in court. SCOTUS gave the executive branch a free pass to just try anything with zero consequences. Why bother asking if something is legal when it literally doesn't matter if it isn't.
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.
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.
He regularly ignores court orders with zero consequences. He has empirically proven that the courts can say whatever they want but he doesn’t have to listen.
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.
much like all the other illegal shit dumpy mcshitpants has done, who is gonna tell him he can't have his big boy tariffs?
Hopefully this means i might be able to get an Xpeng. Tired of waiting for our manufacturers to catch up.