To whom? To the people who actually paid them – us?
Just kidding. We will be lucky if the prices go down to pre-tariff levels, corporations may just keep charging more now that they had the chance.
WhiteSpots on
All these companies about to get a boost in earnings when they get paid back from duties paid, that consumers actually paid for. Even when trump loses we get fukd
Winterwasp_67 on
If he has to return it to those who paid it, how will he justify giving it to Americans when he’s spent years saying they didn’t pay them??
squintytoast on
sounds like a good endowment for obamacare or social security.
DifficultyOk6956 on
It’s going to be pound of flesh time for these politicians pretty soon. People are getting angrier.
aaryan_a on
This is next-level corruption. Howard Lutnick, the current Commerce Secretary, is a key figure in pushing for these tariffs. At the same time, his sons who are now running his old company, Cantor Fitzgerald, are creating a financial product to profit from the tariffs.
The scheme works like this:
1. Small businesses get hit with massive tariffs that they can’t afford to wait years to get back through the courts.
2. Cantor Fitzgerald offers to buy their right to a future refund for a small percentage of the value (around 20-30 cents on the dollar).
3. If a court overturns the tariffs, Cantor Fitzgerald gets the full refund from the government, making a huge profit.
Essentially, the Lutnicks are profiting from a policy that their family is directly involved in creating, while simultaneously taking advantage of the financial desperation it causes for other businesses. It’s a textbook case of profiting from the public trust, and is absolutely disgusting
cohenology on
Let’s not pretend like the supreme court isn’t going to rule back in favor of the president.
SomniaPerdita on
cool can we all get refunds for the absurd costs of everything while he’s been doing this bullshit?
xyashirox on
Zero chance any of that money gets returned. Just like there is zero chance these tariffs are getting reversed. Just like they didn’t go away the first time after Trump left. China still paid the tariffs after Biden took over.
Travelerdude on
The Supreme Court will have his back. Not the back of the United States of America, the bunch of fucking Commies, but Trump’s hide. They’ll quote some bullshit precedent about frogs in swamps as justification.
sniffstink1 on
Problem is that the American public already paid $100B in Trump taxes to business so those won’t be returned.
So the government does lose the cash as they return it, but business grows richer.
mywifesoldestchild on
He can’t return it, already gave it away as signing bonuses to his ICE gestapo.
Techn028 on
Let me guess, it will be paid to companies who will be under 0 obligation to compensate the people who already covered their loss of profits by paying the price increase
Reasonable-Leg-2002 on
lol he just told us it was $8Trillion
Morbidly-Obese-Emu on
I seriously doubt this Supreme Court will rule against him on this.
YoItsThatOneDude on
😂 trump returning money?? Lmfao
kendragon on
Man, to be a fly on the wall when he has to ask Putin for that money back. .
Chendo462 on
Dumbass. After doing 50 illegal things by EO, he gets told to stop by the courts 35 times. Now, 5 or 6 courts are telling him to pay- well us, the taxpayers to pay. We are only seeing the beginning of the repercussions for this idiocy.
pseud_o_nym on
Trump doesn’t face anything. He will refuse, and the higher courts will back him up. Then he’ll try to get the judges that ruled this way removed.
And there’s apparently no way to stop him.
Ok-Macaroon979 on
It’s probably already passed on to the consumer and the corporations will just pocket this money if it came back.
kdeff on
Trump is giving Hundreds of Millions back to the American people!
Fox News, probably
Seagoon_Memoirs on
but he already gave the money to putin
Vast_Philosophy_9027 on
This pisses me off. It’s going to go to corporations not people.
ChunkyLover500 on
America didn’t make 100B in tariffs — they paid 100B in tariffs. This money didn’t come in from other countries. It’s a tax on Americans
Upbeat_Assist2680 on
To who???
If the companies already sold these products and baked the prices in to he cost at same time… Is this just a complex massive corporate subsidy?
Farts_constantly on
Who wants to bet the majority of that $100bn has already been spent?
trevdak2 on
And the prices stay up
And the prices stay up
And the prices stay up up up
InternetGamerFriend on
I hope its not the taxpayers on the hook. It was a money making scam for the rich from the start. Trump and his cronies made billions manipulating the stock with tariffs. They should be the ones to pay.
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29 Kommentare
Scotus will save him like always
To whom? To the people who actually paid them – us?
Just kidding. We will be lucky if the prices go down to pre-tariff levels, corporations may just keep charging more now that they had the chance.
All these companies about to get a boost in earnings when they get paid back from duties paid, that consumers actually paid for. Even when trump loses we get fukd
If he has to return it to those who paid it, how will he justify giving it to Americans when he’s spent years saying they didn’t pay them??
sounds like a good endowment for obamacare or social security.
It’s going to be pound of flesh time for these politicians pretty soon. People are getting angrier.
This is next-level corruption. Howard Lutnick, the current Commerce Secretary, is a key figure in pushing for these tariffs. At the same time, his sons who are now running his old company, Cantor Fitzgerald, are creating a financial product to profit from the tariffs.
The scheme works like this:
1. Small businesses get hit with massive tariffs that they can’t afford to wait years to get back through the courts.
2. Cantor Fitzgerald offers to buy their right to a future refund for a small percentage of the value (around 20-30 cents on the dollar).
3. If a court overturns the tariffs, Cantor Fitzgerald gets the full refund from the government, making a huge profit.
Essentially, the Lutnicks are profiting from a policy that their family is directly involved in creating, while simultaneously taking advantage of the financial desperation it causes for other businesses. It’s a textbook case of profiting from the public trust, and is absolutely disgusting
Let’s not pretend like the supreme court isn’t going to rule back in favor of the president.
cool can we all get refunds for the absurd costs of everything while he’s been doing this bullshit?
Zero chance any of that money gets returned. Just like there is zero chance these tariffs are getting reversed. Just like they didn’t go away the first time after Trump left. China still paid the tariffs after Biden took over.
The Supreme Court will have his back. Not the back of the United States of America, the bunch of fucking Commies, but Trump’s hide. They’ll quote some bullshit precedent about frogs in swamps as justification.
Problem is that the American public already paid $100B in Trump taxes to business so those won’t be returned.
So the government does lose the cash as they return it, but business grows richer.
He can’t return it, already gave it away as signing bonuses to his ICE gestapo.
Let me guess, it will be paid to companies who will be under 0 obligation to compensate the people who already covered their loss of profits by paying the price increase
lol he just told us it was $8Trillion
I seriously doubt this Supreme Court will rule against him on this.
😂 trump returning money?? Lmfao
Man, to be a fly on the wall when he has to ask Putin for that money back. .
Dumbass. After doing 50 illegal things by EO, he gets told to stop by the courts 35 times. Now, 5 or 6 courts are telling him to pay- well us, the taxpayers to pay. We are only seeing the beginning of the repercussions for this idiocy.
Trump doesn’t face anything. He will refuse, and the higher courts will back him up. Then he’ll try to get the judges that ruled this way removed.
And there’s apparently no way to stop him.
It’s probably already passed on to the consumer and the corporations will just pocket this money if it came back.
Trump is giving Hundreds of Millions back to the American people!
Fox News, probably
but he already gave the money to putin
This pisses me off. It’s going to go to corporations not people.
America didn’t make 100B in tariffs — they paid 100B in tariffs. This money didn’t come in from other countries. It’s a tax on Americans
To who???
If the companies already sold these products and baked the prices in to he cost at same time… Is this just a complex massive corporate subsidy?
Who wants to bet the majority of that $100bn has already been spent?
And the prices stay up
And the prices stay up
And the prices stay up up up
I hope its not the taxpayers on the hook. It was a money making scam for the rich from the start. Trump and his cronies made billions manipulating the stock with tariffs. They should be the ones to pay.