The Supreme Court has struck down President Donald Trump’s far-reaching global tariffs, handing him a significant loss on an issue crucial to his economic agenda.
Interesting issue is whether the companies that upped their prices to pay for the tariffs, thereby passing them on to the consumers, get to keep the refunds. I cannot think of a mechanism that forces them to pay it back to the consumers.
We all got taxed. The companies now get the windfall. We just paid higher prices for no reason. Good job, Donnie.
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