The majority of the sweeping tariffs Donald Trump imposed during his second term face one final litmus test that will determine whether he can continue to levy them – and also whether businesses are eligible for massive refunds.
That potentially dramatic turn in the tariff saga comes after a federal appeals court ruled on Friday that Trump unlawfully leaned on the International Emergency Economic Powers Act (IEEPA) to impose across-the-board duties on countries.
Trump had used those powers to push import tax rates as high as 50% on India and Brazil – and as high as 145% on China earlier this year.
Can you imagine having to refund ~6 months of US Imports? The paperwork alone would take years. Each entry would have to be re-verified with customs. Not to mention the staffing increase for CBP to process the refunds. I don’t see SCOTUS not enforcing this.
No worries , you have a supreme court good at ruling by vibe.
Or else what?
Don’t worry, the supremes will make it all go away.
$200 billion / 330 million Americans = $606 each. More or less.
And that’s just the illegal tariffs.
Yeah F that.
American consumers need to get the refund, not the corporations.
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Wouldn’t bring back the small businesses that have already been killed anyway. My favorite coffee shop just closed, and my independent artisan friends are barely selling anything any more.
Art of the deal?
Only that the artist is none.
Cool. Can other countries sue for the damage it caused to their industries as well?
The Businesses didn’t pay the tariffs, We did.
And then the businesses will pass that refund onto the consumer, right?.. Right?
And the prices? Oh nothing will fundamentally change 😉
much like all the other illegal shit dumpy mcshitpants has done, who is gonna tell him he can’t have his big boy tariffs?
How much of that will be pocketed by his cronies because the rules for payout were vague enough for their random LLC.
Pretty sure refunded tariffs will be based on transactions and… Yeah you are right nevermind.
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He’s already spent it on bling from Kohl’s.
