U.S. set to launch tariff refund system on April 20

bayff

Didn't some guy buy up a bunch of the rights to tariff refunds at discount hoping for this?

ivraatiems

It's nice to see them actually complying with the Supreme Court's decision instead of just ignoring it and telling them to enforce it.

hoppyhoppy2

Am I reading between the lines correctly, that consumers who paid higher prices to help cover the cost of these tarriffs can expect no refunds?

kshacker

I wonder how it works for small folks like me. My brother sent me something from India and put a value on it (should not have). The government charged me a few bucks, but then fedex charged me something on top as their fees. Now if they charge me to return the fees, I will still end up losing money :) since the fedex fees were more than the government fees It is not a big amount, but I am sure there are lots of people with similar stories.

comrade1234

From what I understand a tariff refund system has been in place for decades, as companies dispute tariffs they were charged and get refunded.

Freedom2

This forum told me that other countries would pay the tariffs for the end customer. Was that incorrect, and if so, how could this forum get it wrong? What other confidently stated truths could also be wrong?

platevoltage

I wonder how much Lutnick's net worth will increase when this goes online.

dh2022

Our country’s gargantuan fiscal deficit is about to get even larger. At what point will lenders get sick of subsidizing the US government?