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Caller: Only Congress has the right to impose tariffs, that's why it's illegal. Trump does not have the right. Most of those tariffs get passed onto the consumer. Americans are actually paying for the tariff. The businesses pass that cost right down to us. If the Americans have paid... show more

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56,683 görüntüleme • 6 ay önce •via X (Twitter)

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Tariffs 101: Tariffs are not paid by countries. Canada does not pay them to the US. Likewise, the US does not pay them to Canada. The importer from that country imposing the tariffs, pays it. For example, if Trump imposes 50% tariffs on trucks made by GM, but GM made them in Canada. GM is paying $50K in tariffs. Not Canada. And that $50K extra in tariffs, is ultimately paid by the consumer. Ultimately, it's a tax paid by businesses, passed down to the consumer of the country that imposed the tariffs. Likewise, Canada imposing tariffs on the US, only hurts Canadian customers. Countertariffs are done strategically, to prevent the flight of manufacturing, from Canada, to the US. In the end, during trade wars like this, consumers always end up paying the price.

Tariffs 101: Tariffs are not paid by countries. Canada does not pay them to the US. Likewise, the US does not pay them to Canada. The importer from that country imposing the tariffs, pays it. For example, if Trump imposes 50% tariffs on trucks made by GM, but GM made them in Canada. GM is paying $50K in tariffs. Not Canada. And that $50K extra in tariffs, is ultimately paid by the consumer. Ultimately, it's a tax paid by businesses, passed down to the consumer of the country that imposed the tariffs. Likewise, Canada imposing tariffs on the US, only hurts Canadian customers. Countertariffs are done strategically, to prevent the flight of manufacturing, from Canada, to the US. In the end, during trade wars like this, consumers always end up paying the price.

Mario Zelaya

19,891 görüntüleme • 2 gün önce

Ungar-Sargon: The American people who voted for Donald Trump are hurting. He has to somehow alleviate the pain. The best way to do that is a stimulus check. He needs to give them a tariff rebate. Phillip: Weren’t you an advocate for the tariffs? Ungar-Sargon: Yes Phillip: Why are you asking for a rebate? Ungar-Sargon: We brought in $200 billion in tariffs. And we should now take some of that money and give it to Americans who are struggling. Phillip: That money already has to be refunded because most of it was illegal. Ungar-Sargon: That’s actually not clear they have to be refunded. Phillip: There refunds are happening right now. If tariffs are a good idea— Ungar-Sargon: Yes, I’m so glad we have that money Phillip: Why would we have to rebate that money in stimulus checks?

Ungar-Sargon: The American people who voted for Donald Trump are hurting. He has to somehow alleviate the pain. The best way to do that is a stimulus check. He needs to give them a tariff rebate. Phillip: Weren’t you an advocate for the tariffs? Ungar-Sargon: Yes Phillip: Why are you asking for a rebate? Ungar-Sargon: We brought in $200 billion in tariffs. And we should now take some of that money and give it to Americans who are struggling. Phillip: That money already has to be refunded because most of it was illegal. Ungar-Sargon: That’s actually not clear they have to be refunded. Phillip: There refunds are happening right now. If tariffs are a good idea— Ungar-Sargon: Yes, I’m so glad we have that money Phillip: Why would we have to rebate that money in stimulus checks?

Acyn

537,126 görüntüleme • 2 ay önce

Trump owes America a REFUND. His tariffs cost families an estimated $1,701 in higher prices. The Supreme Court ruled he didn’t have the authority to impose them. If the tariffs were unlawful, Americans deserve their money back.

Trump owes America a REFUND. His tariffs cost families an estimated $1,701 in higher prices. The Supreme Court ruled he didn’t have the authority to impose them. If the tariffs were unlawful, Americans deserve their money back.

Van Jones

29,335 görüntüleme • 6 ay önce

Trump's tariffs have hurt American consumers, businesses, and ports. On top of that, the Constitution clearly states that Congress—not the President—has the authority to impose tariffs. SCOTUS needs to defend the separation of powers by ruling against Trump's illegal tariffs.

Trump's tariffs have hurt American consumers, businesses, and ports. On top of that, the Constitution clearly states that Congress—not the President—has the authority to impose tariffs. SCOTUS needs to defend the separation of powers by ruling against Trump's illegal tariffs.

Congressman Robert Garcia

10,688 görüntüleme • 9 ay önce

A butcher in Pennsylvania spoke to Fox about Trump’s tariffs: “The consumer is going to pay for it.” (Most Americans aren’t buying Trump’s lie that other countries are the ones paying the tariffs.)

A butcher in Pennsylvania spoke to Fox about Trump’s tariffs: “The consumer is going to pay for it.” (Most Americans aren’t buying Trump’s lie that other countries are the ones paying the tariffs.)

Republicans against Trump

974,076 görüntüleme • 1 yıl önce

MASSIVE BREAKING: The United States Supreme Court has just struck down Trump's ILLEGAL tariffs. We've been telling you for a year now that Trump does not have the authority to implement these tariffs without Congress. We were right. The Supreme Court, 3 justices which are appointed by Trump, just ruled that he broke the law!

MASSIVE BREAKING: The United States Supreme Court has just struck down Trump's ILLEGAL tariffs. We've been telling you for a year now that Trump does not have the authority to implement these tariffs without Congress. We were right. The Supreme Court, 3 justices which are appointed by Trump, just ruled that he broke the law!

Brian Krassenstein

422,657 görüntüleme • 6 ay önce

Trump has been creating these trade wars that have resulted in Americans paying more for goods. Tariffs are taxes on Americans — consumers pay, not foreign companies. If they really helped, why are Trump and Josh Hawley now pushing rebate checks? Because voters feel the rising cost of living due to tariffs.

Trump has been creating these trade wars that have resulted in Americans paying more for goods. Tariffs are taxes on Americans — consumers pay, not foreign companies. If they really helped, why are Trump and Josh Hawley now pushing rebate checks? Because voters feel the rising cost of living due to tariffs.

Jessica Tarlov

399,264 görüntüleme • 1 yıl önce

Businesses in America have moved quickly and are now demanding refunds for the tariffs they paid after the pronouncement by the United States Supreme Court that Donald Trump’s tariffs were illegal. So this is how the tariffs worked. If you imported goods from South Africa and there was an illegal 30 percent tariff on them, the company importing the goods from South Africa would have had to pay that 30 percent tariff to the American government and then pass that cost on to the consumer. For instance, if an American company ordered a bottle of wine from South Africa and there was a 30 percent tariff on it, which the Supreme Court has now pronounced illegal, and that bottle cost US$1 to import, once it reached America the importer would have to add the 30 percent tariff, taking the cost to US$1.30. The importing company would then add its own margin, say another US$0.30 as profit. Ordinarily, without the tariff, that bottle might have retailed at around US$1.30, but because of the additional 30 percent tariff, it would end up costing the consumer about US$1.60. In effect, the 30 percent tariff was passed directly on to the consumer through higher retail prices. What American businesses are now saying is that they want that 30 percent tariff refunded. So the company that imported the bottle of wine from South Africa and sold it for US$1.60, comprising 30 percent tariff and 30 percent profit, now wants the tariff component returned to them. How consumers themselves will be reimbursed, if at all, remains unclear, and that is likely to become the next area of legal and commercial contestation. Meanwhile, American media is reporting that Donald Trump has gone into meltdown after the Supreme Court delivered this important ruling, which many had already predicted because it was clear to numerous legal experts that the tariffs were unlawful. Only his most loyal supporters insisted that the court would uphold them. The decision has triggered not only political shockwaves in Washington but also significant financial and legal consequences, as businesses begin positioning themselves to recover the money improperly collected by Trump’s government.

Businesses in America have moved quickly and are now demanding refunds for the tariffs they paid after the pronouncement by the United States Supreme Court that Donald Trump’s tariffs were illegal. So this is how the tariffs worked. If you imported goods from South Africa and there was an illegal 30 percent tariff on them, the company importing the goods from South Africa would have had to pay that 30 percent tariff to the American government and then pass that cost on to the consumer. For instance, if an American company ordered a bottle of wine from South Africa and there was a 30 percent tariff on it, which the Supreme Court has now pronounced illegal, and that bottle cost US$1 to import, once it reached America the importer would have to add the 30 percent tariff, taking the cost to US$1.30. The importing company would then add its own margin, say another US$0.30 as profit. Ordinarily, without the tariff, that bottle might have retailed at around US$1.30, but because of the additional 30 percent tariff, it would end up costing the consumer about US$1.60. In effect, the 30 percent tariff was passed directly on to the consumer through higher retail prices. What American businesses are now saying is that they want that 30 percent tariff refunded. So the company that imported the bottle of wine from South Africa and sold it for US$1.60, comprising 30 percent tariff and 30 percent profit, now wants the tariff component returned to them. How consumers themselves will be reimbursed, if at all, remains unclear, and that is likely to become the next area of legal and commercial contestation. Meanwhile, American media is reporting that Donald Trump has gone into meltdown after the Supreme Court delivered this important ruling, which many had already predicted because it was clear to numerous legal experts that the tariffs were unlawful. Only his most loyal supporters insisted that the court would uphold them. The decision has triggered not only political shockwaves in Washington but also significant financial and legal consequences, as businesses begin positioning themselves to recover the money improperly collected by Trump’s government.

Hopewell Chin’ono

42,592 görüntüleme • 6 ay önce

.David Frum: "If Trump believes that these tariffs are so good for America, why doesn't he…write a tariff bill, send it to Congress, have them pass, and collect the revenues? Well, that was not the point. The point was to have an instrument of personal power."

.David Frum: "If Trump believes that these tariffs are so good for America, why doesn't he…write a tariff bill, send it to Congress, have them pass, and collect the revenues? Well, that was not the point. The point was to have an instrument of personal power."

Principles First

42,643 görüntüleme • 6 ay önce

Reporter: It does raise some questions about the logic behind the tariffs in the first place. The fact that Trump is walking back those tariffs really undermines his own argument that it's only foreigners that pay the tariffs and that consumers are not going to be hurt. Now we have a situation where the White House is arguing that removing tariffs will lower prices on groceries. It's kind of hard to make sense of.

Reporter: It does raise some questions about the logic behind the tariffs in the first place. The fact that Trump is walking back those tariffs really undermines his own argument that it's only foreigners that pay the tariffs and that consumers are not going to be hurt. Now we have a situation where the White House is arguing that removing tariffs will lower prices on groceries. It's kind of hard to make sense of.

FactPost

72,167 görüntüleme • 9 ay önce

As expected, Trump is fucking over working class Americans in favor of corporations. Trump is offering tariff refunds to companies, while working class Americans — who actually paid for the increase in the cost of goods due to Trump's tariffs — get zip, zilch, nada, NOTHING.

As expected, Trump is fucking over working class Americans in favor of corporations. Trump is offering tariff refunds to companies, while working class Americans — who actually paid for the increase in the cost of goods due to Trump's tariffs — get zip, zilch, nada, NOTHING.

Bill Madden

38,452 görüntüleme • 4 ay önce

If the Supreme Court believes that President Trump does not have the power to continue the tariffs, the American people need to CALL their members of Congress and GIVE him that power. With tariffs, President Trump has: ✅ Reduced the trade deficit. ✅ Brought down the overall deficit. ✅ Made people invest in the United States. Congress needs to get this done ASAP.

If the Supreme Court believes that President Trump does not have the power to continue the tariffs, the American people need to CALL their members of Congress and GIVE him that power. With tariffs, President Trump has: ✅ Reduced the trade deficit. ✅ Brought down the overall deficit. ✅ Made people invest in the United States. Congress needs to get this done ASAP.

Congressman Randy Fine

39,381 görüntüleme • 6 ay önce

Q: “Why wouldn’t you just work with Congress to come up with a plan?” Trump: “I don’t have to. I have the right to do tariffs, and I've always had the right to do tariffs, and it's all been approved by Congress, so there's no reason to do it.”

Q: “Why wouldn’t you just work with Congress to come up with a plan?” Trump: “I don’t have to. I have the right to do tariffs, and I've always had the right to do tariffs, and it's all been approved by Congress, so there's no reason to do it.”

The Bulwark

43,959 görüntüleme • 6 ay önce

TRUMP MAY GIVE TARIFF MONEY BACK TO AMERICANS IN THE FORM OF A REBATE

TRUMP MAY GIVE TARIFF MONEY BACK TO AMERICANS IN THE FORM OF A REBATE

The Wolf Of All Streets

19,164 görüntüleme • 1 yıl önce

Hours after the Supreme Court struck down Trump's 'Liberation Day' tariffs, he announced another illegal scheme to reimpose them. Congress has the power over trade. You want tariffs, pass a bill. Until then, give the American people their money back.

Hours after the Supreme Court struck down Trump's 'Liberation Day' tariffs, he announced another illegal scheme to reimpose them. Congress has the power over trade. You want tariffs, pass a bill. Until then, give the American people their money back.

Rep. Greg Stanton

29,683 görüntüleme • 6 ay önce

Trump has the right intentions with the tariffs but we’re going to have to see how the market reacts to it.

Trump has the right intentions with the tariffs but we’re going to have to see how the market reacts to it.

Ian Miles Cheong

498,999 görüntüleme • 1 yıl önce

Horsford: Do Americans deserve refunds for money collected through tariffs that the Supreme Court ruled illegal? Bessent: The American people had the money. It was in the US Treasury.

Horsford: Do Americans deserve refunds for money collected through tariffs that the Supreme Court ruled illegal? Bessent: The American people had the money. It was in the US Treasury.

Acyn

49,784 görüntüleme • 2 ay önce

Trump on tariffs on pharmaceuticals: All I have to do is impose a tariff. The more, the faster they move in. The higher the tariffs -- it's inversely proportional. The higher the tariff, the faster they come. We’re going to be doing that. Like the 25% tariff we have on cars

Trump on tariffs on pharmaceuticals: All I have to do is impose a tariff. The more, the faster they move in. The higher the tariffs -- it's inversely proportional. The higher the tariff, the faster they come. We’re going to be doing that. Like the 25% tariff we have on cars

Acyn

647,760 görüntüleme • 1 yıl önce

Lawyer: The Constitution, our framers, and 238 years of American history all say only Congress has the power to impose tariffs on the American people. Tariffs are nothing but taxes on the American people, paid by Americans. This case is about upholding the separation of powers.

Lawyer: The Constitution, our framers, and 238 years of American history all say only Congress has the power to impose tariffs on the American people. Tariffs are nothing but taxes on the American people, paid by Americans. This case is about upholding the separation of powers.

FactPost

288,945 görüntüleme • 9 ay önce