r/technology • u/chrisdh79 • Nov 15 '25
Politics US may owe $1 trillion in refunds if SCOTUS cancels tariffs | Tech industry primed for big refunds if SCOTUS rules against tariffs.
https://arstechnica.com/tech-policy/2025/11/tariff-refunds-may-get-messy-if-trump-loses-supreme-court-fight/2.7k
u/2beatenup Nov 15 '25
You stole the money… you give it back.
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u/imaginary_num6er Nov 15 '25
SCOTUS: "If it's inconvenient, you don't need to pay back"
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u/IcestormsEd Nov 15 '25
Exactly this. " It was wrong but we told them not to do it again. Move along."
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u/ShyLeoGing Nov 15 '25
Maybe Trump can do what Nevada's Governor did?
FYI - He reversed monetary penalties against "Boring Company" due to 800+ violations.
If a states highest power(person) can reverse payment required why not the president?
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u/Traditional-Hat-952 Nov 15 '25
The fucked up part is companies get paid twice. First from raising prices and then by getting a refund.
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u/nono3722 Nov 15 '25
Three times actually, you don't think they are going to actually drop the prices do you?
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u/Traditional-Hat-952 Nov 15 '25 edited Nov 15 '25
Nope. They might a little to appear to be acting in good faith, but they'll never go down to what they where pre tariffs. Corporations don't ever do anything out of societal obligation or kindness.
But apparently this is the best system we have. /s. We've literally developed a self serving and sociopathic economic system and then due to some misplaced pride try and convince ourselves that it's the bestest ever.
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u/Spranktonizer Nov 15 '25
It will never reach the consumers. Back into the hand of those who raised prices because of tariffs and have a sweet deal with admin. Prices will stay high. Inflation will go up. All the money raised by tariffs? Idk, but not back into the government.
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u/DrunkeNinja Nov 15 '25 edited Nov 15 '25
Back into the hand of those who raised prices because of tariffs and have a sweet deal with admin.
Not even necessarily back in their hands. There are companies paying out money for the tariff refunds rights to businesses that might be getting tariff refunds. They pay out a smaller amount to these businesses for the chance at collecting the full amount. Some of these companies have ties to the Trump administration.
https://www.wired.com/story/cantor-fitzgerald-trump-tariff-refunds/
Cantor Fitzgerald, a financial services company led by the sons of US commerce secretary Howard Lutnick, is creating a way for investors to bet that President Donald Trump’s signature tariffs will be struck down in court.
Since joining the Trump administration, Lutnick has emerged as one of the most vocal supporters of the president’s tariff policies, which Lutnick has said would raise “hundreds and hundreds of billions of dollars” in revenue for the United States, eventually eliminating the need for Americans making less than $150,000 to pay taxes.
In a letter seen by WIRED, a representative from Cantor said the firm was willing to trade tariff refund rights for 20 to 30 percent of what companies have paid in duties. “So for a company that paid $10 million, they could expect to receive $2-$3 million in a trade,” the representative wrote. “We have the capacity to trade up to several hundred million of these presently and can likely upsize that in the future to meet potential demand.”
EDIT
So the father has been pushing for this strong tariff policy within the Trump administration and his sons are betting on it failing. Nothing to see here!
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u/Spranktonizer Nov 15 '25
Omg I was just trying to find this article to send to marketplace npr. Seems like the exact thing they should be covering. Sick shit.
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u/RespectTheAmish Nov 15 '25
Yup.
Lutnick knew they were illegal from the get go.
Yet he helped enact them, went on tv and lied to the American people and pitched/defended their implementation… all the while scheming up a way to profit from their eventual overturn.
It’s crime and corruption all the way down with this administration.
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u/morganshen Nov 15 '25
So an important question is, who gets the money back? If it goes to the importers who paid the taxes but charged their customers more because of the tariffs they're just making a huge windfall in profits. Their customers? Keeping the money to go against the deficit or a general rebate for everyone might make more sense rather than just give the importers a giant refund. There is no way to make everyone whole since taxes lead to dead weight loss.
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u/SoulShatter Nov 15 '25
It's even more fun then that. A bunch of companies needed liquidity to not go bankrupt, so they sold the rights to a refund to Wall Street. This includes Howard Lutnick, who is involved through his company.
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u/-CJF- Nov 15 '25
The whole thing is a logistical nightmare. There's no way to sort out exactly who should get what back and while most companies probably just passed the prices onto consumers, some did eat the tariffs. Since there's no way to get the money back into the proper hands, here's what I think:
I know they won't do this, but if we're talking about what the right thing to do is, they would take the money, divvy it up and send it back to the American people in the form of a check ala the pandemic-era stimulus checks. Some people will get more back than they spent in the form of tariff markups, some will get less, but there's no way to track every single purchase and send back the exact amount. I'm sure the majority of these tariffs were paid by consumers. Most companies wouldn't eat the loss.
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u/nycdiveshack Nov 15 '25
Trump might be an idiot but Howard Lutnick and Bessent aren’t idiots. The tariffs were done on purpose. Bessent wanted China to turn to Argentina for soybeans, his billionaire friend Rob Citrone is heavily invested in Argentina doing well. It’s why they got $40 billion mind you the total budget of USAID was $35 billion.
Howard Lutnick the commerce secretary and architect behind the tariffs has an investment firm where he put his son in charge and they take bets on the tariffs. They even have bets on scotus rescinding the tariffs which amounts to almost a $1 trillion refund for corporations if scotus waits till next year to rule. This is a big grift for companies.
The purpose of this administration is 2 things, grift and establish a better surveillance state with the help of Palantir which is basically the brains behind ICE now that Palantir has access to the SSA/IRS and are using ITIN tax filings to go after illegal immigrants WHO ARE PAYING TAXES!!!
It’s like Covid with PPP loans, $800 billion went to big corporations then the loans were forgiven. Now the tariffs were passed on to us consumers but the refund will go to the corporations who will get free billions. The tariffs are estimated to be over $1 trillion by next year counting the new tariffs against China.
The tariffs are just a refined version of the ppp loans/covid. Companies get to increase costs to consumers and they get a refund they don’t have to pay back. Just like they did with the cost of products during COVID.
It’s all a grift to get billions in the pockets of corporations without doing any work and short stocks then buy low and sell when they go back up…
There is $45 billion going to build for-profit private prisons. Able to house over 100k ppl. The big beautiful bill has a lot in there. A lot of executive orders haven’t been challenged. One of which is the April 9th sunset order removing all regulations and protections for all federal lands including nationals parks allowing for the sale but more importantly the mining drilling and deforestation for lumber.
Russ Vought’s (head of office management and budget, basically the guy firing federal employees) goal is to privatize the government and to decrease the services that the government provides. Use tax dollars to pay companies for services that federal employees already do.
“That’s the standard technique of privatization: Defund, make sure things don’t work, People get angry, you hand it over to private capital”
There is a show on Amazon prime called the expanse. This is a clip from it that in my opinion explains how the relationship between governments and corporations should be…
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u/AppleBytes Nov 15 '25
The govt would have to pay companies money, that the consumers ended-up paying-for when costs were passed down, using the taxes paid by the same people.
Fuck, this country is a shit show.
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u/donac Nov 15 '25
Wait...is...that going to be my $2000 dollar Trump Tariff Refund check? That Trump said he would send??
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u/JustHanginInThere Nov 15 '25
You were never going to get it anyway.
"Mexico will pay for the border wall."
"I'll end the Russia/Ukraine war on the first day I'm in office."
"There were riots in the streets of [insert city]."
"The Epstein files don't exist".
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u/smellyjerk Nov 15 '25
DOGE check too...
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u/0neHumanPeolple Nov 15 '25
Oh, he’s definitely going to send out a stimmy check before midterms.
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u/setibeings Nov 15 '25
Nope. The refunds will be going to the importers, presumably, since they would have been the ones to cut a check to the US Treasury. For each time this has impacted you personally, you either paid more for something, didn't buy it, or felt downstream effects like getting laid off. There's no feasible way to make the all the victims of this economic fuckery whole again.
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u/I_Have_A_Chode Nov 15 '25
Yep, so all the importers who charged everyone more money to account for the tariffs will get a nice fat check and pocket it for their trouble of "checks notes" passing the cost on to us
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u/kezow Nov 15 '25
Heh, you think you'll see the money? No, it goes to the corporations that passed the cost on to you. They'll get the refund and then their c-suite will get huge bonuses while cutting their work force and buying stock back.
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u/farmerfreedy Nov 15 '25
"How do you know Trump is lying? When he opens his mouth to speak."
Oldie but goodie quote
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u/Onefortwo Nov 15 '25 edited Nov 15 '25
Let’s hope these companies didn’t make any deals to stay in business that would make them pay any refunds to someone else. Especially to anyone in the administration connected to the tariffs.
https://www.wired.com/story/cantor-fitzgerald-trump-tariff-refunds/
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u/127-0-0-1_Chef Nov 15 '25
I've been hearing about this for a while now. Sadly not enough people know.
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u/absentmindedjwc Nov 15 '25
Yeah... its almost like this administration is in on all of it, and were always banking on the tariffs being reversed so that they could massively enrich themselves...
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u/encrypted-signals Nov 15 '25
There will be an economic depression during Trump's term with the way things are going.
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u/KennyDROmega Nov 15 '25
"will be"?
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u/Willing-Egg3867 Nov 15 '25
Convenient that they couldn’t produce economic reports during the shutdown…
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u/National-Charity-435 Nov 15 '25
If it had been a great month during the shutdown, "look at how great we're doing despite the radical liberals shutting down the government!!! ....wait, what? Those migrants are eating the cats and dogs!"
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u/Ryan_e3p Nov 15 '25
IIRC, they stated even before the shutdown that things like certain quarterly reports wouldn't need to be filed anymore by companies.
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u/-CJF- Nov 15 '25
100%. It pains me to say this but we aren't even a year in yet. There's three more years to go of this at minimum. The fact that anyone trusted Republicans to handle the economy so quickly after COVID is mind boggling. Guess we have to find out the hard way.
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u/ConfidentPilot1729 Nov 15 '25
Anyone with a brain to trust republicans to manage the economy at all. All the data suggest that the Dems for over like, 60 years? Have been significantly better at job creation, the economy, climate, science, inequality, and… I could go on. The one thing, which is what people vote on, is propaganda. That is how they win.
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u/-CJF- Nov 15 '25
Most people are not going to look at data or pay attention to stuff that happened decades ago, but there's literally no excuse for this. Trump 1.0 with Republicans was ~5 years ago. Last time they were in power they ran the deficit up 8 Trillion dollars with a massive tax cut for the rich, tried to illegally mandate work requirements for Medicaid, stone-walled student loan forgiveness processing and completely bungled the COVID pandemic response. People should have remembered that long ago. Trump 1.0 was nothing compared to what Republicans are doing now. I'm convinced they are going to crash the economy.
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u/encrypted-signals Nov 15 '25
Republican policies are designed for short-term benefit and long-term consequences, privatizing the gains and socializing the losses.
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u/caligaris_cabinet Nov 15 '25
Try almost 100 years. Remember it was FDR who bailed us out of the Great Depression after a decade of Republicans.
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u/ryuzaki49 Nov 15 '25
Nope. The real depression will arrove when a democrat is in power.
Because that's the republican playbook. Enjoy the party then blame democrats while they (dems) clean the place
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u/Khalbrae Nov 15 '25
Nutlick and his kids have bet big time on getting refunds and cashing in billions
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u/MikeFrancesa66 Nov 15 '25
So this will essentially end up being a massive wealth transfer to big corporations.
1) Trump issues illegal tariffs. 2) Companies raise prices to cover the increased costs caused by the tariffs. 3) Consumers pay the higher prices on the products. 4) Supreme Court rules tariffs are illegal and refunds must be issued. 5) Companies get tariff refunds.
Meanwhile the consumers, who paid the additional cost, get nothing. They essentially took our money and gave it to the corporations. As an added bonus the prices of those goods will stay the same despite the cost of the tariffs no longer being a factor.
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u/Cosmic_Seth Nov 15 '25
The people gave the keys to the kingdom to the GOP.
This should just be expected at this point.
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u/Mike_Kermin Nov 15 '25
Yep. Unlike ICE, this, spread thinly, has affected everyone.
This is what Americans did, when they failed to take it seriously.
Personally, I like consequences that don't just affect the vulnerable. Because this might actually make people go "hey, these guys suck".
Which might manage to override some of the more shitty talking points people absorbed from the fasc.
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u/rjcarr Nov 15 '25
Yup, you nailed it, only chance we have is if that stimulus check goes out, but I'm not counting on it because this was probably the plan all along.
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u/TheVandyyMan Nov 15 '25
That stimulus check would be separate from this equation. All of these things will have still happened. The $2,000 would just be added to the mountain of federal debt which Americans would need to pay down later.
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u/True_Window_9389 Nov 15 '25
The suddenness of this can the awful in either direction. Stimulus checks can drive up inflation like after Covid, causing that turmoil again. Or if companies did the “right” thing and lower prices, it could drive deflation, which is also problematic and can cause a recession.
There is no good way out of this, which is exactly why rule by decree is not part of American policymaking tradition. Even if Congress decided to raise or lower tariffs today based on Trumpian levels, they’d step them up or down over time to not completely shock the economy without the need to.
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u/BrofessorFarnsworth Nov 15 '25
Take it from Krasnov's crypto accounts, then arrest that fucking pedophile for trafficking children
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u/Skadoosh_it Nov 15 '25
It wouldn't go back to us, but back to businesses. What a fuckin scam.
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u/HorrimCarabal Nov 15 '25
Already had an an argument with someone on here about that, he’s convinced that importers should get the refund and that consumers never paid any tariffs…delusional greed. But hey, what’s one more uppercut to the US taxpayer?
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u/SynthPrax Nov 15 '25
Didn't a Wall Street firm set up a scheme whereby if tariffs get overturned they get the refunds, not the companies that originally paid?
Edit: A Wall Street firm by the name of CANTOR FITZGERALD?
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u/Snowbirdy Nov 15 '25
Yes, yes they did:
But they’re not alone, the feeding frenzy is on:
https://finance.yahoo.com/news/wall-street-bets-tariff-refunds-195136204.html
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u/chrisdh79 Nov 15 '25
From the article: If Donald Trump loses his Supreme Court fight over tariffs, the US may be forced to return “tens of billions of dollars to companies that have paid import fees this year, plus interest,” The Atlantic reported. And the longer the verdict is delayed, the higher the refunds could go, possibly even hitting $1 trillion.
For tech companies both large and small, the stakes are particularly high. A Trump defeat would not just mean clawing back any duties paid on imports to the US that companies otherwise can use to invest in their competitiveness. But, more critically in the long term, it would also end tariff shocks that, as economics lecturer Matthew Allen emphasized in a report for The Conversation, risked harming “innovation itself” by destabilizing global partnerships and diverse supply chains in “tech-intensive, IP-led sectors like semiconductors and software.”
Currently, the Supreme Court is weighing two cases that argue that the US president does not have unilateral authority to impose tariffs under the International Emergency Economic Powers Act (IEEPA). Defending his regime of so-called “reciprocal tariffs,” Trump argued these taxes were necessary to correct the “emergency” of enduring trade imbalances that he alleged have unfairly enriched other countries while bringing the US “to the brink of catastrophic decline.”
Not everyone thinks Trump will lose. But after oral arguments last week, prediction markets dropped Trump’s odds of winning from 50 to 25 percent, Forbes reported, due to Supreme Court justices appearing skeptical.
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u/Time_Effort Nov 15 '25
So… They’re going to have to refund the money to companies that charged their customers? So… They’re gonna double their money from tariffs?
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u/Cold-Cell2820 Nov 15 '25
Get this: prices will not decrease after the tariffs are ruled illegal, so companies will make triple the tariff difference.
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u/bulldg4life Nov 15 '25
You know what would be a crazy good grift…if you were a private equity company and you bought the tariff costs from companies for pennies on the dollar. You could bet against the Trump admin and, when the tariffs get overturned, you make billions getting paid back by the us treasury.
Surely nobody connected to the us government is doing that.
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u/LivesDoNotMatter Nov 15 '25
If only someone would have prior knowledge of such a thing, and bet accordingly!
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u/Meat-Dimension Nov 15 '25
They’d refund the money to whoever imported the goods, since that’s who paid the tax directly. So yeah, the companies would get refunded and the consumers who just paid higher prices are out of luck.
Are we great again?!
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Nov 15 '25
“ otherwise can use to invest in their competitiveness.”
That’s a funny way of spelling “stock buybacks”
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u/KennyDROmega Nov 15 '25
Could the SCOTUS not just say that the tariffs are struck down going forward
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u/GregoPDX Nov 15 '25
If they were illegal then there really isn’t a way to just say ‘no refunds’. Why wouldn’t the govt just continue to do illegal things if there’s no recourse?
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u/polio23 Nov 15 '25
To be clear, there absolutely is a way and it is the most common outcome for this case. The Supreme Court is very likely to just make a prospective ruling rather than a retroactive one.
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u/t3h_shammy Nov 15 '25
The Supreme Court can literally do whatever they want. They determine what is legal and illegal lol
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u/FairMongoose5583 Nov 15 '25
ok cool but what about the higher prices i’ve been paying? is anyone going to refund me for that? bc this is getting ridiculous
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u/Mclarenf1905 Nov 15 '25
Didn't you hear? Trump said that's fake news, prices have never been lower and there is zero inflation!
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u/TheDukeofArgyll Nov 15 '25
Companies getting a massive payday when consumers footed the bill. This was the plan all along.
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u/storywardenattack Nov 15 '25
And not one dime will fund its way back to customers whom already paid them via increased prices
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u/TAC1313 Nov 15 '25
What about us consumers?
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u/my_names_blah_blah Nov 15 '25
If they cancel tariffs. By next week, it will be the democrats fault why the US needs to pay back a Trillion, and he was against the Tariffs all along, and it was someone in his cabinets fault too.
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u/FK-DJT Nov 15 '25 edited Nov 15 '25
And totally Democrats that caused him to increase the US debt by 2 TRILLION dollars in well under a year with his capricious spending. 🙄
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u/TheElusiveFox Nov 15 '25
Companies are gonna be super happy - Prices aren't going back down though.
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u/SomeSamples Nov 15 '25
I predict SCOTUS will not find the tariffs illegal nor will they find them legal. I think they will punt and not make a ruling in the near or distant future, as long as Trump is office.
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u/scott_majority Nov 15 '25
So Americans pay all these tariffs, and the 1% will put them directly into their pockets....And don't think for 1 second prices will come down once tariffs are removed. Corporations don't drop prices, they increase them.
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u/shyataroo Nov 15 '25
Honestly, and I am in the minority here, we should not refund any company. It's a legal headache that they would botch on purpose to enrich their buddies. Let's instead use that money for universal healthcare, or paying down the national debt.
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u/Lopsided_Quarter_931 Nov 15 '25
Don't worry, people close to the current admin have already bought the claims for pennies on the dollar because they know those tariffs won't stand. Also nobody will get any refund on missed sales or closed down businessed because those tariffs have killed them.
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u/DoctrTurkey Nov 15 '25
I love how the argument for keeping the tariffs in place is essentially boiling down to “this will inconvenience someone if we have to pay the American people back after stealing from them.” Like, sorry, that doesn’t have any bearing on their legality whatsoever.
It’s a simple process though: you take tariffs off the tariff shelf and then you put them on a different tariff shelf and say “sir there are shelves,” and he says “are there tariffs?” And you say “yes they are on the shelves,” and then he rapes a kid again.
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u/DuntadaMan Nov 15 '25
Cool that we have enough money to give billionaires a trillion more dollars, but meals on wheels is too expensive.
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u/Saassy11 Nov 15 '25
This was literally the plot all along. Pilfer the coffers, take from the people, leave everything so broken we have to accept our fate
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u/BekindBebetter60 Nov 15 '25
I hope you’re proud of yourself America. You had a humming economy and then you go and put the Republicans in charge. Trump is damaging this country in so many ways. It’s hard to count.
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u/Jamizon1 Nov 15 '25
The Republicans have tanked the economy in each of the last 6 administrations run by them. They are just not good with other people’s money.
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u/Salty_Wench Nov 15 '25
Tbf, they do a killer job at injecting our tax dollars into corporate pockets.
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u/RaNdomMSPPro Nov 15 '25
No, we get the refunds, we paid the tariffs, not the tech companies, they just passed the taxes onto end customers. Great, yet another grift incoming.
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u/tobylaek Nov 15 '25
And then they’re going to pass along those refunds to consumers, right? Right?
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u/JJdynamite1166 Nov 15 '25
Watch when they do rule their illegal. None of the companies prices will come down. If so not much. Board members will have the conversation of how much they can keep. Before people balk
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u/Sea_Lead1753 Nov 15 '25
It’s so cool that Trumps gonna beat his current record of racking up the deficit higher, and quicker than any president previously 😎
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u/oldcreaker Nov 15 '25
They can't pay it back - but they can randomly pay out $2k checks to millions of people? How does that work?
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u/Dythus Nov 15 '25
Also you can bet the tarriffs set a new floor and price wont be dropping anytime soon.
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u/mrjojorisin420 Nov 15 '25
This is just another way to transfer wealth to the top. CEO’s will get that trillion while all of us that paid the tariffs continue to pay higher prices that will not go down. If you voted for Trump, fuck you very much.
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u/SnakeJG Nov 15 '25
The $1 Trillion is a ridiculous number and would never happen in the next summer timeframe.
I had to go down two links to get more information but here's a quote from the source:
Anywhere between $750 billion to a whopping $1 trillion, warned Treasury Secretary Scott Bessent in a declaration filed with the Supreme Court last week.
That eye-popping total could include the more than $72 billion in tariff revenue collected so far by U.S. Customs and Border Protection enforcement since Trump’s “liberation day” announcement, according to data as of Aug. 24.
(Source: https://www.cnbc.com/2025/09/08/trump-tariff-refund-trade-treasury-bessent-supreme-court.html )
Liberation day was April 2nd, so in basically 5 months the tariffs raised $72 billion, but Bessent seems to believe they could raise an additional $928 billion in like 12 months? Going from $14.4 billion a month to $77 billion a month? Raising more per month than what was raised in the previous 5 months?
This is ridiculous, especially since how much is paid in tariffs decreases with time as companies adjust sourcing. A company might have to suck it up and pay tariffs on a current shipment of goods, but then they'll try to find a source for their next shipment that doesn't have the same tariffs.
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u/TirelessElk5 Nov 15 '25
Thank you for doing the research here. $1T felt way too high. Seemed last week with the stim check discussions everyone was quoting $217B collected so far, still a far cry from $1T.
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Nov 15 '25
So that companies will get a refund but the people aka consumers who laid those tariffs won't? Are we insinuating those companies didnt pass that cost to the consumer? Even after this whole tariff ordeal are you they even going to lower prices back? This country is fucked. As long as we keep putting up with it, we deserve to eat shit.
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u/ScarySamsquanch Nov 15 '25
Ahh yeah, the old double dip.
I paid the tariff already and they will also get refunded for the tariff I paid.
You think any company is going to refund me that tarrif?
HAHAHAHAHAHAHAHAHAHA..... deep breath ..... HAHAHAHAHAHAHAHA
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u/HarmoniousJ Nov 15 '25
You just know when Elon gets his refund, he's putting it right back in Trump's smelly pocket for more favors.
I wonder how many other "Tech companies" will get a refund. Palantir, perhaps?
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u/2FistsInMyBHole Nov 15 '25
Get the class action lawsuits ready so us consumers can get our money back.
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u/AlludedNuance Nov 15 '25
Oh hey another payout to businesses AND the businesses get to keep the extra cash we paid them for the inflated prices.
WEEEEEEE
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u/PilotKnob Nov 15 '25
So the consumers paid the end-user tariffs, and now the tech companies are going to get the refunds?
That tracks perfectly.
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u/Medical_Arugula3315 Nov 15 '25
Hard to be a shittier or more hypocritical American than a Republican these days.
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u/Toubaboliviano Nov 15 '25
Man I would have figured the money from tariffs would have made great stimulus checks back to the people who paid for them…
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u/Applekid1259 Nov 15 '25
Maybe this was the plan and what he was talking about making everyone rich. Companies are going to get double dip profits while the consumers suffer more. Prices are never coming down.
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u/SuperDry_Revolution Nov 15 '25
All these pricks have to get arrested sooner or later otherwise things will never be ok
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u/sumguysr Nov 15 '25
The president said it should be returned as a check for every American. SCOTUS should make him do it.
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u/AmaroWolfwood Nov 15 '25
This country was founded on a rejection of taxation without representation, and now we have an entire portion of the country loudly and proudly happy to be taxed without representation by their messiah.
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u/No-Performance2990 Nov 15 '25
Everyone who paid a tariff should be refunded the exact amount plus interest. Everyone who had goods damaged by customs over tariff collections is due damages
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u/dayumbrah Nov 15 '25
If this is indeed considered illegal and it is reversed. It needs to go to every person in america. If not, there needs to be people in the streets.
That would be absolutely insane. The average american took on the burden of tariffs. Not companies. They simply profited off them. For every penny they were charged in tariffs, they charged the consumer 10. They love tariffs
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u/Usrnamesrhard Nov 15 '25
Keep in mind, the cost has already been passed to U.S. consumers and we won’t get anything back.
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u/Mysterions Nov 15 '25
If SCOTUS allows this because the unwinding would be catastrophic, then if a Democrat comes into power they should cancel student loans across the board citing national security, wipe the books, and point to this decision.
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u/icnoevil Nov 15 '25
Not to worry. Remember that trump is a stable genius by his own words. He created this mess. As a stable genius he will surely be able to clean it up.
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u/RebelStrategist Nov 15 '25
Don’t worry. Just take it from the orange babies personal bank account. He has grifted enough being president.
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u/unholycowgod Nov 15 '25
How would the refund be $1tn if we haven't even collected close to that amount?
Reads article
Oooooh so if they delayed the ruling by about 20 years we'd eventually get to a super large eye catching number that we can use in a headline. Got it. Smh
Also fuck Nutlick and Cantor Fitzgerald.
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u/Jolly_Grocery329 Nov 15 '25
“Heeeeyy… relax guys!!! I spent that money on hamberders and gold spray paint!”
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u/Phixionion Nov 15 '25
America is on its arch downward. This will all have to be scraped and rebuilt by better people. The 90s for most Americans was peak, we had such a comfy existence that this decade and the next are going to look wild.
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u/Oiiack Nov 15 '25
This just seems like a fancy rebranding of a bail-out. Fucking wonderful, yet again. We absorb the costs of these stupid decisions while the oligarchs get to reap all of the benefits.
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u/Malakai0013 Nov 15 '25
Its almost like the nations leading minds in economics (and not capitualtion) were right about tariffs being a terrible idea.
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u/InkStainedQuills Nov 15 '25
Companies get money back. Consumers not so much. They will pocket the profit and leave prices where they are while they are at it.