American businesses and shoppers paid the vast majority of the billions of dollars collected for the emergency tariffs that the Supreme Court recently ruled illegal. Companies are now pushing to get their money back. But can shoppers expect their own refund?

Probably not, according to Robert Shapiro, an international trade lawyer and partner at the law firm Thompson Coburn.

“And if you do, it’ll be pennies on the dollar,” Shapiro said.

The roughly $180 billion collected under the struck-down tariffs, according to an estimate by Goldman Sachs, was typically paid for directly by businesses, and indirectly by consumers through higher prices. Because those companies often paid the actual customs bill, any refund from the federal government would go to them.

  • Peruvian_Skies@sh.itjust.works
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    2 months ago

    There was something you could have done, but most of you decided to either vote for the pedophile grifter or abstain from voting. Trump isn’t some evil genius that plotted brilliantly to trick the people. He said exactly what he planned to do, and you still elected him. Twice.

    • village604
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      2 months ago

      I voted against trump, as did 75 million other Americans.

      • Peruvian_Skies@sh.itjust.works
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        2 months ago

        The pronoun “you” can be used in either the singular or plural form. I was obviously using it in the plural form, in keeping with my earlier comment about the average American. You, the collective of American citizens, elected the pedophile grifter.

          • Peruvian_Skies@sh.itjust.works
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            2 months ago

            Are you claiming that the election was stolen? I assume you have proof if that’s the case and aren’t just talking out of your ass because you won’t admit that your country has given the rest of the world ample reason to ridicule you.