A judge has mandated that the Trump administration must process refunds for companies affected by recently invalidated tariffs by specific deadlines: an update by March 12 and completion by April 20. Judge Richard Eaton emphasized that taxpayers could incur significant costs, with interest accumulating at $650 million monthly, potentially reaching $10 billion by year-end if not addressed. The ruling follows a Supreme Court decision declaring Trump’s tariffs illegal under the International Emergency Economic Powers Act, prompting over 2,000 companies to file lawsuits. Eaton criticized the administration’s continued tariff enforcement despite the ruling and ordered recalculations of certain duties related to the tariffs.
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*This TL;DR was generated by a bot. Please verify important information from the source.*
SuperstitiousPigeon5 on
Oh boy, more of our tax dollars we won’t get back. Companies will have record profits though.
Intelligent_Might902 on
So the companies get to keep the tariff money we the consumers paid them. And we now get to pay them interest on it. Weird how that’s playing out. Wonder if Trump thought this through.
jejacks00n on
lol, what a shit show this administration is. Shits on useful programs by cutting pretty trivial funding with doge, to then shit on taxpayers by making us pay for companies to ship goods we need internationally, and make our products more expensive with retaliatory tariffs abroad, and then drag their feet and continue to be incompetent, shitting on us taxpayers even more, expecting us to pay back what we already fucking payed AND INTEREST? How can I say want to burn it all down without saying I want to burn it all down?
I still get a bill from fedex every couple weeks for some lingerie I ordered from Italy for Christmas for my girlfriend, that they’re trying to charge me extra tariff fees for, lmao. Like I’ll ever fucking pay it. Y’all’ll get your money back, apparently with interest, so don’t try to get any more directly from me you fucking vampires.
CurrentlyLucid on
Bigly fucked by trump’s stupidity.
Capital_Elderberry28 on
Well the magats voted him in for his business acumen.
ctguy54 on
More money we won’t see.
ArtichokeAware9849 on
Don’t worry. Trump never has paid a bill. He’ll leave it to the next person and it’ll be all their fault.
tnmoi on
So let me get this straight. Trump’s admin will have to pay back the tariffs or else they will have to pay extreme interests back to themselves for not complying huh?
9 Comments
TLDR
A judge has mandated that the Trump administration must process refunds for companies affected by recently invalidated tariffs by specific deadlines: an update by March 12 and completion by April 20. Judge Richard Eaton emphasized that taxpayers could incur significant costs, with interest accumulating at $650 million monthly, potentially reaching $10 billion by year-end if not addressed. The ruling follows a Supreme Court decision declaring Trump’s tariffs illegal under the International Emergency Economic Powers Act, prompting over 2,000 companies to file lawsuits. Eaton criticized the administration’s continued tariff enforcement despite the ruling and ordered recalculations of certain duties related to the tariffs.
—
*This TL;DR was generated by a bot. Please verify important information from the source.*
Oh boy, more of our tax dollars we won’t get back. Companies will have record profits though.
So the companies get to keep the tariff money we the consumers paid them. And we now get to pay them interest on it. Weird how that’s playing out. Wonder if Trump thought this through.
lol, what a shit show this administration is. Shits on useful programs by cutting pretty trivial funding with doge, to then shit on taxpayers by making us pay for companies to ship goods we need internationally, and make our products more expensive with retaliatory tariffs abroad, and then drag their feet and continue to be incompetent, shitting on us taxpayers even more, expecting us to pay back what we already fucking payed AND INTEREST? How can I say want to burn it all down without saying I want to burn it all down?
I still get a bill from fedex every couple weeks for some lingerie I ordered from Italy for Christmas for my girlfriend, that they’re trying to charge me extra tariff fees for, lmao. Like I’ll ever fucking pay it. Y’all’ll get your money back, apparently with interest, so don’t try to get any more directly from me you fucking vampires.
Bigly fucked by trump’s stupidity.
Well the magats voted him in for his business acumen.
More money we won’t see.
Don’t worry. Trump never has paid a bill. He’ll leave it to the next person and it’ll be all their fault.
So let me get this straight. Trump’s admin will have to pay back the tariffs or else they will have to pay extreme interests back to themselves for not complying huh?