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If retailers raised prices during tariffs, that doesn’t create a liability to each customer—it creates profit (or covers costs). So if or when tariff refunds arrive, the default outcome is: firms recoup, shoppers don’t. Bottom line: You aren't getting a penny back.

Justin Wolfers

314,107 subscribers

59,826 views • 6 months ago •via X (Twitter)

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Trump’s tariffs are costing Americans up to $2,500 a year. Meanwhile, the corporations that passed the costs of tariffs onto consumers by raising prices are getting massive refunds. Apple got a $2.2 billion refund despite boasting a 50% profit margin after it jacked up iPad and MacBook prices. Trump’s illegal tariff scheme is enabling corporations to double-dip on profits, funneling $100 billion straight into their pockets from the rest of us.

Trump’s tariffs are costing Americans up to $2,500 a year. Meanwhile, the corporations that passed the costs of tariffs onto consumers by raising prices are getting massive refunds. Apple got a $2.2 billion refund despite boasting a 50% profit margin after it jacked up iPad and MacBook prices. Trump’s illegal tariff scheme is enabling corporations to double-dip on profits, funneling $100 billion straight into their pockets from the rest of us.

More Perfect Union

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Walmart just got nearly $3 billion dollars from the government in tariff refunds The refund is due to the February Supreme Court ruling declaring many of President Donald Trump's tariffs illegal “The government is working to refund $168 billion to about 330,000 retailers Walmart says it has already received most of the money” It ruling invalidated tariffs Trump imposed under the International Emergency Economic Powers Act The retailers don’t have to pay a single cent to any customer who bought items. So they got to charge more and then get a refund getting extra back

Walmart just got nearly $3 billion dollars from the government in tariff refunds The refund is due to the February Supreme Court ruling declaring many of President Donald Trump's tariffs illegal “The government is working to refund $168 billion to about 330,000 retailers Walmart says it has already received most of the money” It ruling invalidated tariffs Trump imposed under the International Emergency Economic Powers Act The retailers don’t have to pay a single cent to any customer who bought items. So they got to charge more and then get a refund getting extra back

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President Donald Trump told a briefing that it wasn't clear if or when there would be any refunds after the US Supreme Court struck down his sweeping tariffs, adding that the matter could take years to litigate

President Donald Trump told a briefing that it wasn't clear if or when there would be any refunds after the US Supreme Court struck down his sweeping tariffs, adding that the matter could take years to litigate

Reuters

66,692 views • 6 months ago

McCormick on Iran: Gas prices matter, but if you have a regional power rising, it creates more instability in that same region. If you don’t control it now, there will be a cost down the road. Invest in your marriage now, or face the divorce later.

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Acyn

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CNBC: If a company were to say we're raising prices because of tariffs, is that a hostile act? LUTNICK: I think if you go out of your way to try to make it seem like your price has changed when it's nonsense. A 10% tariff is not going to change virtually any price.

CNBC: If a company were to say we're raising prices because of tariffs, is that a hostile act? LUTNICK: I think if you go out of your way to try to make it seem like your price has changed when it's nonsense. A 10% tariff is not going to change virtually any price.

Aaron Rupar

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“How can you create a different outcome if you don’t change what is getting you to the same position every single year?..." Jamie Erdahl on the Vikings in 2023

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This guy here is walking us through how he does an estimate to mow and weed eat this yard. Pretty straight forward. He is quoting this house at $75 a week to do the yard, so $300 a month, once a week. But, he says if it rains, even if it rains for weeks and they can’t mow, they are getting paid their $75 and if the customer doesn’t like it, they don’t need that customer. Is that the standard in the industry if you are on a weekly schedule with a lawn care company? Are you paying $75 even if they don’t do your yard?

👉M-Û-R-Č-H👈

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Decide or Stay the Same 🔥⚡️ You don’t need more motivation. You don’t need another pep talk. And you definitely don’t need to “feel ready.” If you don’t like your body, your relationship, your career, or your life—something has to change. And that something is you. Real change doesn’t start with wishing. It doesn’t start with talking about it. It doesn’t even start with motivation. It starts with a decision—and decisions require action. If you don’t act immediately, it’s not a decision. It’s just a preference. Start small if you need to. One walk. One boundary. One hard conversation. One rep. One honest moment with yourself. Or attack the big thing you’ve been avoiding—the one you already know is holding everything else back. Action creates momentum. Momentum changes identity. And identity changes everything. So ask yourself—what are you avoiding because it requires action? Decide. Move. Do it now. 💥🔥 #FlourishWithLaurin #Mindset #Discipline #SelfLeadership #personalgrowth

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22,192 views • 7 months ago

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Joe Sanfelippo

40,031 views • 1 year ago

I've listened to you. It's as if you worked with me today. The question of tariff was discussed this afternoon. What I cannot report back here is whether I took action in the area that affected you or not, but if I missed that, I’ll go back to rectify - President Tinubu promises to exempt media organisations from paying tariffs and other costs on imported news print and broadcasting equipment

I've listened to you. It's as if you worked with me today. The question of tariff was discussed this afternoon. What I cannot report back here is whether I took action in the area that affected you or not, but if I missed that, I’ll go back to rectify - President Tinubu promises to exempt media organisations from paying tariffs and other costs on imported news print and broadcasting equipment

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Trump blew up a bill that would lower housing costs and make it easier for Americans to afford a home. The truth is that if you’re not a billionaire or one of his buddies, he doesn’t care about you.

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This idea is fantastic. If you have ever installed a dryer or taken it out to adjust or clean, you know how hard it is to attached that hose. Then you always have to make sure not to move the dryer too fast or hard so it doesn’t come off.

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I don’t care if the customer was late, rude or otherwise out of line. No airline employee should ever behave this way. There is a professional way to handle things, especially when you are representing a major airline. The state of air travel sucks.

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351,690 views • 1 year ago

The point of a tariff is to make firms build factories at home. But if it's on Monday, off Tuesday, back on Wednesday, no one pours concrete. Chaotic tariffs give you all of the cost and almost none of the benefit.⁣ ⁣

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