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For those who claim tariffs are cost passed onto the consumer....
Posted on 2/24/26 at 7:41 am
Posted on 2/24/26 at 7:41 am
Posted on 2/24/26 at 7:42 am to lake chuck fan
Cool. Then repay the consumers. This isn’t a gotcha. The government Keeping illegally seized funds is never acceptable.
It’s absolutely alarming how so many cheer it on like a football game
It’s absolutely alarming how so many cheer it on like a football game
Posted on 2/24/26 at 7:43 am to lake chuck fan
This is why there will never be any refunds despite all the lawsuits
FedEx filed a lawsuit yesterday asking for a refund on tariffs. They are just a carrier, so tariffs were overwhelmingly paid by the customers in their case. What right do they have to a refund?
FedEx filed a lawsuit yesterday asking for a refund on tariffs. They are just a carrier, so tariffs were overwhelmingly paid by the customers in their case. What right do they have to a refund?
Posted on 2/24/26 at 7:47 am to lake chuck fan
Where do you think the money ultimately comes from? Is there some lag until prices catch up, yes, but ultimately the people have to pay it.
And for those on the other side. The idea is that we are getting our asses kicked in a trade war. Tariffs are a weapon just like planes ships and bombs. If you want to win, we need to invest in the war.
I’m not saying we should or should not wage the war. What I’m saying is we have yet another national issue and the media is fricking the narrative up.
Just state the facts.
And for those on the other side. The idea is that we are getting our asses kicked in a trade war. Tariffs are a weapon just like planes ships and bombs. If you want to win, we need to invest in the war.
I’m not saying we should or should not wage the war. What I’m saying is we have yet another national issue and the media is fricking the narrative up.
Just state the facts.
Posted on 2/24/26 at 7:48 am to BeeFense5
Ha!!! Consumers will get screwed and prices will stay the same. Even after it was ruled illegal in 1st place to enforce the tariffs. $175 billion is what it cost consumers. We won’t win this.
Posted on 2/24/26 at 7:48 am to lake chuck fan
Consumers shouldn’t see a single cent of a “tariff refund”. This is more lazy bullshite made up by the left who want the fed government to take care of them.
Posted on 2/24/26 at 7:49 am to BeeFense5
quote:
Cool. Then repay the consumers. This isn’t a gotcha. The government Keeping illegally seized funds is never acceptable.
Our government must keep what it is owed to them by those other governments that have been ripping this government off for a very long time.
I pray POTUS Trump puts enough tariff pressure on these other governments to the point they contact people like you and say, "How much do we owe".
Posted on 2/24/26 at 7:49 am to lake chuck fan
Tariffs are paid by everyone along the line. For instance, if there is a new 25% tariff imposed, the manufacturer may eat 5% along with the company having it produced eating 5%. That would still lead to a 15% price increase to the end consumer. If there is a small enough tariff, 5-12%, you may see none of it passed to consumer, but just about anything larger than that will get passed on.
Posted on 2/24/26 at 7:51 am to lake chuck fan
Hey, I voted for Trump, but these stupid little hissy fits he throws when he doesnt get his way piss me off.
These new tariffs are no different.
Two orders from overseas that I am expecting this week have now been returned back because, on a $220 order, UPS says I now owe them $110 for "Customs and Import Fees" and the other is almost the same as the package value itself.
And these orders were sent by family members BEFORE he imposed the new global tariffs.
These new tariffs are no different.
Two orders from overseas that I am expecting this week have now been returned back because, on a $220 order, UPS says I now owe them $110 for "Customs and Import Fees" and the other is almost the same as the package value itself.
And these orders were sent by family members BEFORE he imposed the new global tariffs.
Posted on 2/24/26 at 7:52 am to skidry
quote:
Where do you think the money ultimately comes from? Is there some lag until prices catch up, yes, but ultimately the people have to pay it. And for those on the other side. The idea is that we are getting our asses kicked in a trade war. Tariffs are a weapon just like planes ships and bombs. If you want to win, we need to invest in the war. I’m not saying we should or should not wage the war. What I’m saying is we have yet another national issue and the media is fricking the narrative up. Just state the facts.
This is pretty much where I’m at on it.
I also find it funny that some of the same people who scream to the mountain tops that tariffs are a tax on the consumer and it will ultimately fall on them to make up the difference will in the next breath pontificate on how corporations need to be taxed to oblivion and apparently they’ll just magically be ok with that and eat it.
This post was edited on 2/24/26 at 9:01 am
Posted on 2/24/26 at 7:53 am to stout
quote:
They are just a carrier, so tariffs were overwhelmingly paid by the customers in their case.
So now the board is ready to completely reverse itself and admit that we all paid for these tariffs after having vehemently denied that for a year?
That sure didn't take long.
quote:
What right do they have to a refund?
They have a right to a refund because they are free to set their prices anywhere they choose for any reason they choose whether there are tariffs or not.
The government illegally charged the business, not the customers.
Some businesses responded to that by raising prices, others laid off workers, other froze hiring and raises, others cancelled expansions.
How a company responded to the illegal tariffs is immaterial to the fact that the government charged them illegally and needs to pay them back.
This argument is like saying that when the county double charged your property tax last year, you responded by cancelling a vacation to DisneyWorld, which took money out of the economy of Orlando that would otherwise have gone there. So you're not owed a refund on your property taxes because you passed along the tax to Disney.
It's completey specious.
This post was edited on 2/24/26 at 7:58 am
Posted on 2/24/26 at 7:54 am to skidry
quote:
Where do you think the money ultimately comes from?
Government printers
Posted on 2/24/26 at 7:55 am to lake chuck fan
why would Trump roll back some of his tarrifs on coffee, beef, bananas if they dont increase prices? this was in November
Posted on 2/24/26 at 7:56 am to Demonbengal
quote:
For instance, if there is a new 25% tariff imposed, the manufacturer may eat 5% along with the company having it produced eating 5%.
The problem that smooth brains can't factor is that nobody really "eats" anything. The tariffs either get paid by the consumer, or the employees who would otherwise get raises don't get them, or jobs that would otherwise be available don't exist, or the company becomes less profitable, which shows up in its stock value, etc., etc., etc.
There's no such thing as the tariff having no effect.
Posted on 2/24/26 at 7:59 am to lake chuck fan
Here’s what happened in many cases
Company A receives goods from overseas and absorbs the tariffs on whole or part.
Company B receives goods from overseas and passes tariffs onto the consumer.
The difference in the companies is that company A is large national company - (think Walmart)
Company B is small mom and pop - (think local hardware store or other retailer)
The tariffs hurt small companies while helping the large companies who can afford to absorb the tariffs- at least for a while
The companies who absorbed the tariffs are now going to want that money back. And they should. As an investor, I want them to get that money back.
Company A receives goods from overseas and absorbs the tariffs on whole or part.
Company B receives goods from overseas and passes tariffs onto the consumer.
The difference in the companies is that company A is large national company - (think Walmart)
Company B is small mom and pop - (think local hardware store or other retailer)
The tariffs hurt small companies while helping the large companies who can afford to absorb the tariffs- at least for a while
The companies who absorbed the tariffs are now going to want that money back. And they should. As an investor, I want them to get that money back.
Posted on 2/24/26 at 8:00 am to wackatimesthree
How much more in "taxes" did pay cause of tariffs?
What do you think your refund amount will be?
What do you think your refund amount will be?
Posted on 2/24/26 at 8:01 am to RelicBatches86
I dont like any taxes. Tariffs included.
But give me the option of a tariff versus an income tax and I will take the tariff 100% of the time.
And I can't get that option if we don't have a track record of tariffs to base a major policy change like that.
The concept of Trumps child accounts is the same. Social security is broke. But start a program that "wins" and we can later have a discussion about retiring the social security benefit for future generations.
The outside the box thinking lays the groundwork for great opportunities down the road.
But give me the option of a tariff versus an income tax and I will take the tariff 100% of the time.
And I can't get that option if we don't have a track record of tariffs to base a major policy change like that.
The concept of Trumps child accounts is the same. Social security is broke. But start a program that "wins" and we can later have a discussion about retiring the social security benefit for future generations.
The outside the box thinking lays the groundwork for great opportunities down the road.
Posted on 2/24/26 at 8:01 am to stout
quote:
FedEx
What product do they produce?
Posted on 2/24/26 at 8:01 am to Go_Dawgs
quote:
Hey, I voted for Trump, but these stupid little hissy fits he throws when he doesnt get his way piss me off.
You can be a Trump supporter, but have issues with certain policies. The tariffs slowed our business last year without a doubt. If it shifts more manufacturing out of china it will be worth it.
Posted on 2/24/26 at 8:05 am to SDVTiger
quote:
How much more in "taxes" did pay cause of tariffs?
I already answered that.
I'll do it again, though, because YOU, Slow Dumb Vagina Tiger, certainly need to have ideas repeated many times before being able to grasp them.
The report I recently saw says they've cost some aspect of the market (companies, consumers, employees) around $800 billion extra since 2018.
Which is about 30% more cumulative money than all the money we've ever sent Israel since 1947, just for comparison's sake.
Here's another comparison point: DOGE's final policy goal was $150 billion that they thought the could cut from the budget in fraud and waste.
So, $800 billion is either a lot, or it's not.
It's either a negligible amount regardless of whether we spend it on Israel or take it out of circulation and let the government decide what to do with it, or it's a significant amount in both cases.
Which is it populists?
I really don't care which you pick, but I really don't want to hear that $800 billion is not a significant amount today, but someone here has to get a third job to pay all the taxes necessary to send foreign aid to Israel tomorrow (which, since 1947 in inflation adjusted dollars comes to around $600 billion, cumulative), or that we won't have to reform SS/Medicare/Medicaid if we just cut all the waste and fraud from the budget the week after that.
Let's get together and decide. A lot? Or not?
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