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Started By
Message
Tariff refunds being given to companies, consumers SOL?
Posted on 7/15/26 at 2:25 pm
Posted on 7/15/26 at 2:25 pm
So I've seen articles, mostly from liberal rags like the guardian, talking about how huge sums of money are being refunded by the Feds to companies due to some of Trump's tariffs being ruled unconstitutional. I've tried looking for other sources, even CNN, but haven't been able to find anything. I can link the guardian article if someone wants but the point is I guess we, the consumers who mostly actually paid for these tariffs, are screwed and will never see this money?
I'm aware that trying to pass the refund back onto consumers would be incredibly complicated but seems if there was going to be a refund it should be to those who were actually cost the money. I supported Trump's tariffs, have always thought they were worth a shot and still do, but they always knew there was a chance a court could overturn them due to the mechanism used and I would've hoped that there would've been a better plan in place to deal with this rather than just redistributing money from consumers to huge companies and corporations
If anyone can show that this isn't happening or it's not working in this way I'd love to see a link showing it
I'm aware that trying to pass the refund back onto consumers would be incredibly complicated but seems if there was going to be a refund it should be to those who were actually cost the money. I supported Trump's tariffs, have always thought they were worth a shot and still do, but they always knew there was a chance a court could overturn them due to the mechanism used and I would've hoped that there would've been a better plan in place to deal with this rather than just redistributing money from consumers to huge companies and corporations
If anyone can show that this isn't happening or it's not working in this way I'd love to see a link showing it
11
Posted on 7/15/26 at 2:29 pm to Wishnitwas1998
There were a lot of articles and posts saying that tariffs were not causing price increases, so why would the consumers expect refunds?
Posted on 7/15/26 at 2:38 pm to Wishnitwas1998
The consumer didn't pay the tariffs to the feds. The consumer paid the company and the company paid the feds. Those are two separate transactions.
To undo it, the feds are reimbursing the companies (who actually paid the tariffs).
Then the company is responsible for refunding the customer.
**You get your refund back from the entity you gave the money to.**
To undo it, the feds are reimbursing the companies (who actually paid the tariffs).
Then the company is responsible for refunding the customer.
**You get your refund back from the entity you gave the money to.**
Posted on 7/15/26 at 2:38 pm to Wishnitwas1998
I received an e-mail from FedEx on Monday advising that I would be receiving a tariff refund, with interest, on an item I purchased from the UK last year that was shipped via FedEx. FedEx collected the tariff at the time.
I don't write the news; I just report it. Tariffs or no tariffs; refunds or no refunds, DJT is still my man, and we're all better off for it, even the Leftie Loonies, though they'd never admit it, if they ever even recognized it at all.
I don't write the news; I just report it. Tariffs or no tariffs; refunds or no refunds, DJT is still my man, and we're all better off for it, even the Leftie Loonies, though they'd never admit it, if they ever even recognized it at all.
Posted on 7/15/26 at 2:40 pm to Wishnitwas1998
Our company is getting $253,000 back. We just got the first installment into our corporate account last month.
Posted on 7/15/26 at 3:11 pm to Penrod
quote:
There were a lot of articles and posts saying that tariffs were not causing price increases, so why would the consumers expect refunds?
I know you are being a smartass but regardless of what they did or didn't cause, some companies directly charged customers a line item for it so either way it came with a cost
Posted on 7/15/26 at 3:12 pm to Jtomka
quote:
Then the company is responsible for refunding the customer. **You get your refund back from the entity you gave the money to.**
I understand and agree with exactly what you said
But we know damn well the consumer will be lucky to get back even 30% of what it paid to the companies
Posted on 7/15/26 at 3:12 pm to Colonel Angus
quote:
Our company is getting $253,000 back. We just got the first installment into our corporate account last month.
Hopefully your company is lowering prices since the tariff overhead is no longer a thing.
Posted on 7/15/26 at 3:14 pm to Broadside Bob
quote:
Wishnitwas1998 I received an e-mail from FedEx on Monday advising that I would be receiving a tariff refund, with interest,
Wow, I am shocked they are including interest. I would be very pleasantly surprised if many companies do that
quote:
don't write the news; I just report it. Tariffs or no tariffs; refunds or no refunds, DJT is still my man,
Yea I know in this super polarized culture this isn't really allowed but I certainly still support Trump and what he is trying to do. Doesn't mean I can't ask questions, everyone should
Posted on 7/15/26 at 3:17 pm to Jtomka
quote:
Then the company is responsible for refunding the customer.
Why? Customers are not getting anything. The companies paid the tariffs and passed the cost along to the customer just like us conservatives said they would. The people who supported tariffs said the foreign countries would pay the tariffs, so they (foreign countries) should get the refunds if the pro-tariff people are being consistent.
This post was edited on 7/15/26 at 3:18 pm
Posted on 7/15/26 at 3:19 pm to Wishnitwas1998
quote:
I know you are being a smartass
Guilty!
Posted on 7/15/26 at 3:30 pm to Wishnitwas1998
I have seen several companies saying a portion of the refunds will be used to keep prices lower, at least temporarily.
Others are paying down debt, which in the long term should also help to lower prices.
Others are paying down debt, which in the long term should also help to lower prices.
Posted on 7/15/26 at 3:50 pm to BigJim
quote:
I have seen several companies saying a portion of the refunds will be used to keep prices lower
Posted on 7/15/26 at 4:06 pm to Colonel Angus
quote:Is your company pocketing it? Did your company eat the original cost of the tariffs?
Our company is getting $253,000 back.
Posted on 7/15/26 at 4:09 pm to Jtomka
quote:
Those are two separate transactions.
To undo it, the feds are reimbursing the companies (who actually paid the tariffs).
Then the company is responsible for refunding the customer.
**You get your refund back from the entity you gave the money to.**
in many cases there are multiple transactions that that tariffs were passed thru
i sold 70k worth of product that had tarrifs on it to a competitor whos customer needed ASAP to fill an order to small mom&pop shop so they came to us
our supplier is wholesale division in NA of european company so they paid their parent company tarrifs on importing it, passed it to us, i passed it to the competitor, they passed it to the customer, and ultimentaly the end user paid it
so in cases like that the end user going to be fricked. He is going to have to go thru several layers of beaucracy, including two companies that have upper management that have tense relationship
What is going to happen is companies are going to park the refund checks for a peroid of time and see who comes knocking for the refund. Probably make the claim process annoying enough that the majority of people just say screw it.
in the end it will be another massive hand out to corporations
This post was edited on 7/15/26 at 4:11 pm
Posted on 7/15/26 at 4:21 pm to Wishnitwas1998
The piece of shite importers that refuse to manufacture here will not be giving any refunds.
Posted on 7/15/26 at 4:24 pm to Broadside Bob
quote:
The consumer didn't pay the tariffs to the feds. The consumer paid the company and the company paid the feds.
In other words, consumers indirectly paid the tariffs in the form of a hidden sales tax.
Posted on 7/15/26 at 4:30 pm to NC_Tigah
Our manufacturing company has received 9 million back so far. Our transactions are business to business. Of that 9 million about 2 million has been paid to the companies that we manufacture goods for. Much of the flow of tariff reimbursement is dependent on contractual languages between manufacturers and thier clients. Believe it or not, sudden increases in tariffs are addressed in the contracts between the two parties.
Posted on 7/15/26 at 4:37 pm to Wishnitwas1998
quote:
Yea I know in this super polarized culture this isn't really allowed but I certainly still support Trump and what he is trying to do. Doesn't mean I can't ask questions, everyone should
Oh, I ask questions too. I find myseff agreeing withthe overwhelming majority of Trump does, but some of the stuff he says makes me say "uhhh?"
Just think though, we could be 1.5 years into Kamala la la's term.
As for tariff refunds, I paid the tariff more directly (FedEx collecting it), on a product that I purchased from the UK. If you bought something from a company that paid a tariff on a product that it purchased to sell in the U.S., consumers ain't getting the money back that was presumably built into the price of the product.
Posted on 7/15/26 at 4:44 pm to Penrod
quote:
There were a lot of articles and posts saying that tariffs were not causing price increases, so why would the consumers expect refunds?
Because idiots want it both ways.
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