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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 次观看 • 6 个月前 •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.

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