Jeeper79 said:

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Teslag said:

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2026NCAggies said:

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Good luck with that. Not going to happen

Steel tariffs have cost us a lot of money and we have not gotten a dime and won't get a dime. Neither should any of yall

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The ruling addresses those who actually sent money to the government for tariff payments. And yes they should be refunded.

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They sent money to the government and then charged their customers more. And now they get a refund but they're not going to refund their customers.

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When you agreed to pay the additional fees, what was your agreement with the seller should the tariffs be refunded? I would suspect the wise company said they would retain any paid tariffs charged to consumers in the invent the tariff was refunded.

Kavenaugh then says in the next paragraph:

Quote:

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In any event, the only issue before the Court today is one
of law.

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Refund issue wasn't before the court. Why? It didn't need to be yet based on filing from the administration regarding refunds not being an issue

This is all so crazy:

- Raise tariffs to get "fairer" trade
- Trade parters raise tariffs in response
- Half of our new tariffs called illegal and stopped


So, uh - what about those tariffs other countries raised in response to our tariffs? Looks like we're getting doubled screwed again - no refunds for the little guy AND our exports are still pricier than before.

Teslag said:

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Jeeper79 said:

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Teslag said:

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2026NCAggies said:

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Good luck with that. Not going to happen

Steel tariffs have cost us a lot of money and we have not gotten a dime and won't get a dime. Neither should any of yall

---

The ruling addresses those who actually sent money to the government for tariff payments. And yes they should be refunded.

---

They sent money to the government and then charged their customers more. And now they get a refund but they're not going to refund their customers.

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Those customers are also free to seek a judicial ruling in their favor.

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I'm not sure what claim those customers have to take before a court. Those companies that charged their customers are allowed to charge whatever they want. All that matters is that, in the end, they turn a profit. Otherwise, they go under.

As TicketMaster has proven, service and handling charges are legit.

Politics Trump tariffs: Customs and Border Protection tells judge it can't comply with refund order

This is breaking, so no details yet. But lets get some popcorn.

javajaws said:

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This is all so crazy:

- Raise tariffs to get "fairer" trade
- Trade parters raise tariffs in response
- Half of our new tariffs called illegal and stopped


So, uh - what about those tariffs other countries raised in response to our tariffs? Looks like we're getting doubled screwed again - no refunds for the little guy AND our exports are still pricier than before.

---

Almost like firing tariffs off at random was a bad idea that was always going to come back to bite us.

J. Walter Weatherman said:

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javajaws said:

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This is all so crazy:

- Raise tariffs to get "fairer" trade
- Trade parters raise tariffs in response
- Half of our new tariffs called illegal and stopped


So, uh - what about those tariffs other countries raised in response to our tariffs? Looks like we're getting doubled screwed again - no refunds for the little guy AND our exports are still pricier than before.

---

Almost like firing tariffs off at random was a bad idea that was always going to come back to bite us.

---

so other countries Tariff the **** out of us, but when we do it's not good economic policy. laughable.

HoustonAggie11 said:

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J. Walter Weatherman said:

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javajaws said:

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This is all so crazy:

- Raise tariffs to get "fairer" trade
- Trade parters raise tariffs in response
- Half of our new tariffs called illegal and stopped


So, uh - what about those tariffs other countries raised in response to our tariffs? Looks like we're getting doubled screwed again - no refunds for the little guy AND our exports are still pricier than before.

---

Almost like firing tariffs off at random was a bad idea that was always going to come back to bite us.

---

so other countries Tariff the **** out of us, but when we do it's not good economic policy. laughable.

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Just because other countries employ nonsensical liberal ideas doesn't mean we should too.

Watermelon Man said:

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Teslag said:

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Jeeper79 said:

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Teslag said:

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2026NCAggies said:

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Good luck with that. Not going to happen

Steel tariffs have cost us a lot of money and we have not gotten a dime and won't get a dime. Neither should any of yall

---

The ruling addresses those who actually sent money to the government for tariff payments. And yes they should be refunded.

---

They sent money to the government and then charged their customers more. And now they get a refund but they're not going to refund their customers.

---

Those customers are also free to seek a judicial ruling in their favor.

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I'm not sure what claim those customers have to take before a court. Those companies that charged their customers are allowed to charge whatever they want. All that matters is that, in the end, they turn a profit. Otherwise, they go under.

As TicketMaster has proven, service and handling charges are legit.

---

I don't even want to share what we paid in Ticketmaster fees to go to U2 at the Sphere. I really thought it was an error at order but it wasn't. Only reason I went through it was because it was my 50th birthday and we were already in for a penny.

HoustonAggie11 said:

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J. Walter Weatherman said:

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javajaws said:

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This is all so crazy:

- Raise tariffs to get "fairer" trade
- Trade parters raise tariffs in response
- Half of our new tariffs called illegal and stopped


So, uh - what about those tariffs other countries raised in response to our tariffs? Looks like we're getting doubled screwed again - no refunds for the little guy AND our exports are still pricier than before.

---

Almost like firing tariffs off at random was a bad idea that was always going to come back to bite us.

---

so other countries Tariff the **** out of us, but when we do it's not good economic policy. laughable.

---

You have to separate true reciprocal tariffs and the balance of everything else Trump put in place.

US Customs and Border Patrol is preparing a system to process refunds that will be ready for use in 45 days - CBP Official In Court Filing.

— FinancialJuice (@financialjuice) March 6, 2026

NEW: An online government portal to provide refunds on Trump tariffs struck down by the US Supreme Court will be able to process claims for about 63% of 53 million import entries at issue when it first launches, according to a new court filing -- no time frame yet for rolling out… pic.twitter.com/zcAqt2m8vu

— Zoe Tillman (@ZoeTillman) March 31, 2026

So now those companies will push those savings back to the customer with lower prices... right? RIGHT?

BREAKING: The US Government has begun refunding up to $166 billion in tariffs charged under President Trump after the Supreme Court ruled the policy unlawful.

Beginning today, businesses can file claims through a new customs system.

Over 330,000 importers across 53 million… pic.twitter.com/WVdYIfyrPU

— The Kobeissi Letter (@KobeissiLetter) April 20, 2026

I would like to see the government require as part of the refund process that any company that passed the tariff cost through to the customer pass their refund through to the customer as well.

2026NCAggies said:

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Good luck with that. Not going to happen

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💥BREAKING:

🇺🇸 US set to launch tariff refund system on April 20.

The US government collected almost $166 billion, which will be returned to US importers. pic.twitter.com/uRB8LZyiHg

— Crypto Rover (@cryptorover) April 16, 2026

Any hot stock tips?

J. Walter Weatherman said:

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javajaws said:

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This is all so crazy:

- Raise tariffs to get "fairer" trade
- Trade parters raise tariffs in response
- Half of our new tariffs called illegal and stopped


So, uh - what about those tariffs other countries raised in response to our tariffs? Looks like we're getting doubled screwed again - no refunds for the little guy AND our exports are still pricier than before.

---

Almost like firing tariffs off at random was a bad idea that was always going to come back to bite us.

---

This is just a blip. We need to get more manufacturing back into the US.

Quote:

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As of April 2026, approximately $1.595 trillion in private-sector manufacturing investment commitments have been announced in the U.S., driven by reshoring, foreign direct investment, and domestic expansions. These investments span 132 companies across 32 states, with projects valued at $50 million or more, verified through company announcements, SEC filings, and government data.
Semiconductors and advanced technology are the leading sectors, accounting for roughly $1.131 trillion in commitments, followed by pharmaceuticals at $312.1 billion. Key drivers include supply chain resilience, national security concerns, federal incentives like the CHIPS Act and Inflation Reduction Act, and aggressive trade policies such as the 1015% baseline tariffs and 125% punitive duties on Chinese goods enacted in 2025.
Top investing companies include:

• Apple ($600 billion)
• Micron ($200 billion)
• IBM ($150 billion)
• TSMC ($100 billion)
• Johnson & Johnson ($58 billion)

States receiving the most investment are Texas, Georgia, Arizona, Ohio, and North Carolina, with major projects in semiconductor fabrication (e.g., TSMC's $165 billion Arizona campus) and EV/battery manufacturing. While over 244,000 jobs were announced in 2024, actual employment growth lags due to multi-year construction timelines, with the U.S. facing a 500,000-worker labor shortage in manufacturing, accelerating automation adoption.

---

The $1.6 trillion in investment in 4 months of 2026 compares to $1.7 trillion in all of 2024.

I count that as a win, and this small $130 billion refund as a speedbump in the way of the overall strategy. Trump will continue to tariff under different authorities that won't be impacted by the latest rulings.

Im Gipper said:

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2026NCAggies said:

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Good luck with that. Not going to happen

---

💥BREAKING:

🇺🇸 US set to launch tariff refund system on April 20.

The US government collected almost $166 billion, which will be returned to US importers. pic.twitter.com/uRB8LZyiHg

— Crypto Rover (@cryptorover) April 16, 2026

Any hot stock tips?

---

Spiders.

Time in the market beats timing the market, and the economy is going to grow thanks to AI.

Meanwhile a music instrument manufacturer is closing their Ohio plant and moving overseas costing 150 jobs. By the way the owner is a major Trump supporter, John Paulson. The company is Conn-Selmer.

Martin Q. Blank said:

---

Quote:

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must begin paying out more than $130 billion in tariff refunds to US businesses

---

So businesses charge more to compensate for tariffs. Then get refunded. Good day for big business!

---

It's almost always a Good Day for Big Business
I am sure Scott Bessent Soy Bean Farmer Extraordinaire is right on the verge of fixing this issue and help the little guy

So now a system has to be set up to refund this money? How much is that going to cost?

TexasAggie73 said:

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Meanwhile a music instrument manufacturer is closing their Ohio plant and moving overseas costing 150 jobs. By the way the owner is a major Trump supporter, John Paulson. The company is Conn-Selmer.

---

They were heading offshore long before tariffs.

It's all bull crap. There should be a list of companies that get refunds and how much so consumers can get their money back.

AGHouston11 said:

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So now a system has to be set up to refund this money? How much is that going to cost?

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Probably as much as the obama care website. They should set it up so it doesn't work either...

Aggie95 said:

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It's all bull crap. There should be a list of companies that get refunds and how much so consumers can get their money back.

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How would you functionally track that?

Say I upped the cost of my widget $1 because of tariffs. I sold that widget to 100 customers. They all used it to manufacture an assembly. But they added $1 to the assembly cost, for their customers. Then their 1000 customers added $1 to their service, because of their cost increases...etc etc.

It's literally impossible to track this through consumers or a supply chain. It's possible to track it for the people who fronted the money originally though.

Though, looking at the system, I have no idea how on earth to navigate this.

Aggie95 said:

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It's all bull crap. There should be a list of companies that get refunds and how much so consumers can get their money back.

---

In what weird communist world is it bull crap to refund wrongly charged taxes?

Should it just be a "too bad, Uncle Sam keeps your money" scenario?

How do you properly refund every level of distribution?

If buyer A gets a refund why not buyer B, C all the way to end user?

Im Gipper said:

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Aggie95 said:

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It's all bull crap. There should be a list of companies that get refunds and how much so consumers can get their money back.

---

In what weird communist world is it bull crap to refund wrongly charged taxes?

Should it just be a "too bad, Uncle Sam keeps your money" scenario?

---

In the same communist world where those companies that were wrongly charged taxes passed those taxes onto their customers? So that the CUSTOMERS paid those taxes, not the companies...

Tariff reparations!

Ag with kids said:

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Im Gipper said:

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Aggie95 said:

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It's all bull crap. There should be a list of companies that get refunds and how much so consumers can get their money back.

---

In what weird communist world is it bull crap to refund wrongly charged taxes?

Should it just be a "too bad, Uncle Sam keeps your money" scenario?

---

In the same communist world where those companies that were wrongly charged taxes passed those taxes onto their customers? So that the CUSTOMERS paid those taxes, not the companies...

---

The importer pays the taxes. That is who should get a refund. Bizarre that people would even try to claim they shouldn't. All through out the case, the government agreed. If these were not valid tariffs, they'd be refunded.


Importers passing those costs on to consumers is a wholly different question. That's not a fight between government and tax payer.

Exactly.

The consumer/end-user cannot have it both ways.

The importer made the investment, allocated capital, assumed all the risks. The buyer received a minimal impact at the POS.

As an example, if I pay $25k in Duties and Taxes, and increase the price of my widget $0.17/unit, to offset the cost. Yes, the end-user paid 17 cents more for the widget.

People are suggesting the end-users should track down the pennies? how? And how would the consumer even know how much the tariffs effected the overall cost of a part they picked up in Home Depot?

For some parts, which we paid tariffs, we held our pricing and absorbed the cost increase. Maybe the end-user should compensate me for that? No? So it doesn't go both ways?

The real question, is if any of the importers are smart enough to navigate the refund process. It's a bit complicated.

Aggie95 said:

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How do you properly refund every level of distribution?

If buyer A gets a refund why not buyer B, C all the way to end user?

---

See BMX Bandit post!


The TARIFF REFUND of the tariff is from the person that took the money (government) to the person that stroked the check (importer).

BMX Bandit said:

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Ag with kids said:

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Im Gipper said:

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Aggie95 said:

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It's all bull crap. There should be a list of companies that get refunds and how much so consumers can get their money back.

---

In what weird communist world is it bull crap to refund wrongly charged taxes?

Should it just be a "too bad, Uncle Sam keeps your money" scenario?

---

In the same communist world where those companies that were wrongly charged taxes passed those taxes onto their customers? So that the CUSTOMERS paid those taxes, not the companies...

---

The importer pays the taxes. That is who should get a refund. Bizarre that people would even try to claim they shouldn't. All through out the case, the government agreed. If these were not valid tariffs, they'd be refunded.


Importers passing those costs on to consumers is a wholly different question. That's not a fight between government and tax payer.

---

So really, the consumer got shafted by the whole affair?

PaulsBunions said:

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BMX Bandit said:

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Ag with kids said:

---

Im Gipper said:

---

Aggie95 said:

---

It's all bull crap. There should be a list of companies that get refunds and how much so consumers can get their money back.

---

In what weird communist world is it bull crap to refund wrongly charged taxes?

Should it just be a "too bad, Uncle Sam keeps your money" scenario?

---

In the same communist world where those companies that were wrongly charged taxes passed those taxes onto their customers? So that the CUSTOMERS paid those taxes, not the companies...

---

The importer pays the taxes. That is who should get a refund. Bizarre that people would even try to claim they shouldn't. All through out the case, the government agreed. If these were not valid tariffs, they'd be refunded.


Importers passing those costs on to consumers is a wholly different question. That's not a fight between government and tax payer.

---

So really, the consumer got shafted by the whole affair?

---

Which was not at all predicted by anyone, especially not any fiscal conservatives who know tarrifs are just another tax on middle class consumers.

Update to my OP. The refund machine is cranking up, with outgoing refunds in May potentially exceeding incoming tariff revenue.

Refunds estimated to reach $150B in Trump's own words, and $166B plus interest according to others.

Remember, tariff refunds are paid to the importer who actually paid the original tariff. Whether that refund ultimately gets passed onto consumers is a whole different question, depending on contractual terms between parties in the value chain.

Beyond the discussion of whether tariffs are net good or bad (I think it's a mixed bag), I'm curious what this $150B to $200B unplanned cash outlay will do to the Treasury's bond issuance, borrowing, and impact on the 10-year Treasury rate. That cash has gotta come from somewhere. With our current 6% to 7% budget deficits, that just means more borrowing.

Quote:

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The US Customs and Border Protection (CBP), which is managing the tariff refund process, has already withdrawn about $14 billion more in May than in all of April, a clear indication that the quantity of checks going out to importers is heating up rapidly.

Tracking data from the US Treasury Department shows that, as of May 20, the CPB has withdrawn about $17 billion in operating cash, a major jump over the $3 billion for all of April. At this pace, tariff refunds could exceed tariff revenue by the time the month is out. The US collected $22.12 billion in duties in all of April.

President Trump, meanwhile, isn't happy that refunds are being paid out but appears resigned to it.
During a recent event at the White House, the president again called the Supreme Court's decision terrible but said, "We're going to most likely have to pay back $149 billion."

An official at the CPB pegged the total tariffs that will eventually be eligible for refunds even higher, saying in a recent court filing that an estimated $166 billion in tariffs, plus interest, could eventually be paid out.

---

https://finance.yahoo.com/markets/article/tariff-refunds-are-showing-up--in-a-big-way--on-the-governments-bottom-line-143000682.html

I will continue to say this is a nothing burger in grand scheme of things factoring both inflows of tariff revenue and outflows of tariff refunds.

It's noise and churn that will do absolutely nothing to change the trajectory of our debt.