Yes, it's effectively a transfer of wealth from the consumer to the companies above them, much like everything else these days

Yup, another failure of a policy. And again not a surprise, it was widely explained ahead of time they were illegal, but instead they were forced through under an "Emergency" situation and now enormous amount of money wasted and what's returned is being refunded to corporations even though the consumer ultimately paid the bill.

Another case of acting impulsively.

Kinda like the reason the price of oil is so high right now.

The true irony is 10% .. 15% of importers to the USA (Importer of Record in the lingo) are foreign entities. For them, the tariff refund is a transfer directly from the USA consumer to the foreign countries ... that Trump was trying to penalise.