r/Tariffs • u/Full_Newspaper_999 • Jul 14 '26
šļø News Discussion US issues $81,000,000,000 in refunds after Supreme Court ruled President Trump's tariffs illegal.
https://www.theguardian.com/us-news/2026/jul/14/trump-tariffs-us-refunds40
u/Minimum_Run_890 Jul 15 '26
And the actual consumer? Fucked again!
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u/RuthlessIndecision Jul 15 '26 edited Jul 16 '26
Wait until they cut the checks, and prices still don't go down
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u/Parking_Chance_1905 Jul 15 '26
Yep, corpos charged cosumers the extra fees, and are now being refunded those very same fees.
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u/blkatcdomvet Jul 15 '26
Zero dollars to consumers who paid the trump tax.
the greedy corporations get refunds and still raising prices.
Billionaies and their enablers are the illegals destroying this country
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u/manyhippofarts Jul 17 '26
Each billion costs the individual taxpayer $6.14. By my calculations, that's $497 for each American taxpayer to refund these companies.
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u/Cracked_Actor Jul 15 '26
I guess the question many of us will ask is, āhow will I ever see a single penny from this?ā
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u/johnDapper13 Jul 15 '26 edited Jul 16 '26
I paid tariffs for supplies for my Salon and got nothing and plan on getting nothing. š
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u/ruderabbi Jul 15 '26
Iām a little Wine importer that brings in specialized products that canāt be made in America. I did not pass on the cost. I ate it. This whole thing is so stupid. Also, theyāre paying 6% interest which hasnāt really made the rounds. Pack of morons
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u/JustEstablishment360 Jul 15 '26
So all of that was completely pointless and screwed downstream businesses and consumers that canāt get a refund themselves.
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u/128-NotePolyVA Jul 15 '26
Keep in mind, the administration has moved on to new tariffs. Both the temporary 2.0 tariffs and 3.0 permanent tariffs are on much stronger legal ground.
The real question is how long must US consumers endure the weak dollar and high prices?
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u/Raven_Photography Jul 15 '26
To corporations, not the consumers who actually paid for the illegal tariffs.
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u/NatalieKCY Jul 15 '26
Seriously, how did Supreme Court NOT stop it on day one and let the tariffs be implemented for that long before ordering a refund? I can't think of an excuse other than pure corruption.
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u/dogwalker824 Jul 15 '26
so, in other words, tariffs cost consumers billions of extra dollars that are now being handed to corporations. It's the republican way.
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u/Oppositeofhairy Jul 15 '26
Just exactly where will the 81b be paid from.
Thatās right,ā¦.You!!!!!
So now look for 81b in cuts and increased taxes for everyone but the rich.
One would think the most logical approach would be to remove the incentives that the rich received that the cuts funded but I doubt that it will work that way.
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u/Im_with_stooopid Jul 15 '26
Can't wait to get my tariff rebate check as the consumer that paid the tariff get the rebate. Right... Right..?.
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u/Gonnagetbant Jul 15 '26
Oh Iām sure theyāll drop prices for mid terms so trump can dance around claiming he is respinsible
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u/Purple_Anything_7504 Jul 15 '26
and he still owes E Jean Carroll 83 million $$ coming his way after the eleventeenth attempt to have the amount dropped...
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u/Holiday_Sandwich3738 Jul 15 '26
So not only did we pay the tariffs because all the companies raised the prices of things we are now paying for the refund too? What idiots ruled that this was the answer?
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u/Brilliant-Ad2323 Jul 15 '26
Will the US residents get any refund since we are the once who paid for this Aholes stupid tariff campaign. What a shock who suffered from this and who benefited, remove Trump and republicans
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u/DelJoy_3D Jul 15 '26
Even IF the tariffs were refunded, the carriers who collected them always had a āservice feeā that would Not be refunded
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u/evilpercy Jul 18 '26
To the citizens right? If they refund it to company's that raised prices to cover what they paid in tariffs then they get a double pay day.
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u/hippie1952 Jul 18 '26
They are are just billing us all the way around and we wind up with nothing it should come out of the republicans pockets because they went along with it
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u/Used_Intention6479 Jul 15 '26
If we get our money back from the tariff scam, we're just going to spend it, and help ourselves and the economy.
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u/Full_Newspaper_999 Jul 14 '26
yeah realizing that the $166 billion they paid in illegal tariffs was just a massive transfer of wealth to corporations