| ▲ | coldpie a day ago | |||||||||||||||||||||||||
If the government charges the importer $20 and the importer charges me $20, then I am in effect the one who paid the duty. If the refund goes to the importer, and it does not come back to me, then the government and the importer have colluded to rob me of $20. This isn't an accident, the owners of the import companies who will benefit from this theft were almost certainly all Trump supporters. In reality, half of the funds will go to that. Maybe even some tiny portion of it will genuinely make its way back to the people who actually paid the duties. This is the fig leaf to which I referred. The other half will go to Trump toadies in the form of "mistakes," fraud, corruption, skimming, unclaimed funds, etc. This is the slush fund to which I referred. In the end, all of it is going to Trump toadies. It's a $130B transfer of wealth to Trump's financial backers. | ||||||||||||||||||||||||||
| ▲ | phil21 a day ago | parent | next [-] | |||||||||||||||||||||||||
That’s not how commerce works. You agreed with your supplier on a price. You paid it. Doesn’t matter that part of the price was tariffs or component costs or labor. Doesn’t matter if your supplier gets a tax rebate or a kickback from an upstream supplier after the fact. These things are entirely immaterial to the meeting of the minds when you execute the contract for sale. The only moderately fuzzy case is going to be if there is an outright line item for “tariff charge” - I always thought companies were being a bit reckless explicitly adding these as line items due to this exact uncertainty. Very few companies are going to have a perfect 1:1 ratio here so there is some definite business risk in doing so. And no, not even close to all companies that were charged tariffs are “trump toadies” - that’s an absurd claim on its face. The ones I know hurt the most and nearly put out of business due to needing to raise prices certainly were not. And there is zero way they could afford refunding at a 1:1 ratio now. | ||||||||||||||||||||||||||
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| ▲ | Detrytus a day ago | parent | prev [-] | |||||||||||||||||||||||||
Maybe I'm naive, but if court orders tariff refunds cannot it also order that the importer must return it to individual buyers? That's only fair, right? Companies don't get to keep the money. If they want to sue government for some extra compensation for their trouble they can do that separately. | ||||||||||||||||||||||||||