The majority of the sweeping tariffs Donald Trump imposed during his second term face one final litmus test that will determine whether he can continue to levy them – and also whether businesses are eligible for massive refunds.
That potentially dramatic turn in the tariff saga comes after a federal appeals court ruled on Friday that Trump unlawfully leaned on the International Emergency Economic Powers Act (IEEPA) to impose across-the-board duties on countries.
Trump had used those powers to push import tax rates as high as 50% on India and Brazil – and as high as 145% on China earlier this year.
Am I getting a refund on the higher prices I’m paying because of tariffs?
The tariffs will go away, but the companies have realised that you’re okay with paying $10 for something that used to cost $8 anyway so you’ll be paying $10 from now on
The only solution is to confiscate all wealth over $100 million, and use it to establish Health Care 4 All, free college/trade, UBI, minimum living wage, public services, etc.
lol