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Message
Curious how we feel about corporations getting the tariff refund upwards of $166b?
Posted on 8/4/26 at 6:44 pm
Posted on 8/4/26 at 6:44 pm
Where is the consumers refund? Is this the biggest fleece for Americans in history?
How could this have been prevented?
How could this have been prevented?
9
Posted on 8/4/26 at 6:46 pm to DUKE87
Why are American corporations getting the refund when the exporter paid the tariff?
Posted on 8/4/26 at 6:48 pm to JohnnyKilroy
Short answer: The federal government collects tariffs from registered businesses bringing goods into the country, not from retail shoppers.
Posted on 8/4/26 at 6:49 pm to DUKE87
But the foreign company pays the tariff, not americans or american businesses.
Posted on 8/4/26 at 6:50 pm to JohnnyKilroy
I can’t answer all your questions bro. You have google right?
Posted on 8/4/26 at 7:43 pm to DUKE87
Trump should up the percentage of tariff they now pay until it's all paid back. It was only one kind of tariff that SCOTUS said he couldn't use.
Posted on 8/4/26 at 10:11 pm to Ailsa
No. No, he shouldn't.
Posted on 8/4/26 at 11:36 pm to JohnnyKilroy
The importer of record pays the tariffs, not the exporter. This is carved in stone, non-negotiable. Axe your buddy Claude.
Posted on 8/5/26 at 3:29 am to JohnnyKilroy
quote:
Why are American corporations getting the refund when the exporter paid the tariff?
ISWYDT
Posted on 8/5/26 at 3:39 am to Doctor Strangelove
Ive exported goods to dozens of countries for decades.
If there is a tariff, I will charge a lower price so the importer can pay the tariff and still be competitive.
So the importer "pays" the tariff with my money in the form of a discount.
Your teenage daughter may use her credit card to "pay" for things, but its your money that pays the credit card bill.
If there is a tariff, I will charge a lower price so the importer can pay the tariff and still be competitive.
So the importer "pays" the tariff with my money in the form of a discount.
Your teenage daughter may use her credit card to "pay" for things, but its your money that pays the credit card bill.
Posted on 8/5/26 at 7:44 am to DUKE87
I trust corporations to be more responsible with their money. I don’t trust the government with that money at all.
Posted on 8/5/26 at 7:45 am to trinidadtiger
In a country like China they will lower the overall price to be competitive but there is a limit to how much they can charge due to raw material volatility. The importer will pay the tariff on the goods being imported based on the HTS code for that raw material. Your credit card analogy works to a point but if there was no tariff the U.S., this would be passed on to the U.S. consumers. The recent tariffs shot down by the Supreme Court were rebated back to the importers in the U.S, not the exporters in China and other countries. In fact, our customers demanded rebates on their goods that were rebated.
This post was edited on 8/5/26 at 7:47 am
Posted on 8/5/26 at 7:57 am to Barstools
quote:
Not if an American company is selling foreign products. What kind of special retard are you?
Trump says the tariffs are charged to China and paid to us
Posted on 8/5/26 at 7:58 am to JohnnyKilroy
quote:
But the foreign company pays the tariff, not americans or american businesses.
Right, we were told for months that Americans weren't paying the tariffs. Why would the consumer get a refund for something they weren't paying?
Posted on 8/5/26 at 8:41 am to Ingeniero
Tariffs have been a huge success - I hope Trump keeps it up - Americans are too stupid to understand long games - that what Trump is playing here. So sad how many maga folks have bought into the Muslim paid propaganda to say this term is not going well.
Posted on 8/5/26 at 11:55 am to NashvilleTider
Are you slow? We are paying the tariffs. Amazon just got $660m is tariff refunds alone.
Did you get a refund?
Did you get a refund?
Posted on 8/5/26 at 12:02 pm to DUKE87
"corporations dont pass along taxes to their customers" - Liberals
"corporations should pass tariff (tax) rebates to their customers" - Liberals
"corporations should pass tariff (tax) rebates to their customers" - Liberals
Posted on 8/5/26 at 12:13 pm to tigeraddict
You honestly think corporations adjusted their price or absorbed the cost? Or do you think they passed the cost onto the consumer?
They could shift operations to cut costs but unlikely.
I’d go with the latter statement that the consumers paid that price.
You can’t be this gullible.
They could shift operations to cut costs but unlikely.
I’d go with the latter statement that the consumers paid that price.
You can’t be this gullible.
Posted on 8/5/26 at 12:17 pm to tigeraddict
This isn’t necessarily a political subject but an economic policy and international relation issue.
Posted on 8/5/26 at 12:19 pm to DUKE87
quote:
How could this have been prevented?
Primarily by having a well educated population who is well versed in civil matters, particularly including economics.
We don’t so everyone pounded their fists about how consumers pay tariffs, corporations don’t.
To make that claim, one would have to igbore a whole host of factual information. Which TDS riddled figs, did. And now here we are.
Congrats to all the useful lemmings. Now POTUS just applies tarrifs through a different set of powers.
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