You paid. They got the refund.
The Supreme Court ruled the tariffs illegal and ordered $160 billion back. The refunds flowed to the companies — not to the consumers who absorbed the surcharge.
Source article: Most tariff refunds flow to businesses as consumer repayment lags.
Column metadata
- Published
- Pen name
- Editorial Board
- Topic tags
- consumer goods, economy, business and finance, tax, international trade, transport
- Primary entities
- U.S. Supreme Court, U.S. Customs and Border Protection, UPS, FedEx, DHL, Home Depot, Walmart, Costco, Nintendo, Institute on Taxation and Economic Policy, Syracuse University, Thompson Coburn
- Themes
- tariff refunds, consumer protection, corporate accountability, trade policy enforcement
- Floor values engaged
- Equality & fairness, Accountability of power, Truthfulness