Trump says 'I'll remember' companies that don’t seek tariff refunds
www.cnbc.com
Trump said he was "not happy with the Supreme Court" for ruling IEEPA tariffs were illegal, and for not allowing the U.S. to keep tariffs already collected.

Donald Trump on Tuesday told CNBC that he will gratefully “remember” U.S. companies that do not seek refunds for the tariffs he unilaterally imposed, which the Supreme Court later ruled were illegal.

Trump’s comment on “Squawk Box” came a day after U.S. Customs and Border Protection opened a portal for importers to seek more than $160 billion in potential refunds for the so-called IEEPA tariffs.

He was asked about a number of large companies, among them Apple and Amazon, that have not filed requests for refunds for the tariffs they paid, potentially because they are worried about “offending” Trump.

  • grue@lemmy.world
    3·
    2 days ago

    Meanwhile, the administration pocketed the money.

    I mean, sort of, but not really. The money went into the Federal budget, and even if some of it did get embezzled by Trump cronies, the money that comes back isn’t going to come back out of their pockets.

    If the embezzlement happened, that’s a separate, additional crime on top of issuing the illegal tariffs themselves.

    But it’s actually more important to me that the administration not get away with the illegal tariffs.

    Then the only correct solution is prison (or worse) for the officials involved. Making the Federal government (i.e., we, the people) pay back the illegal tariffs does fuck-all to punish the corrupt officials responsible.

    I’m not saying the illegal tariffs shouldn’t be refunded, I’m just saying it isn’t the punishment you’re looking for.

    (Oh, by the way: the next step in your recap of the situation is going to be “the Federal government raises taxes to cover the ‘shortfall’ caused by refunding the illegal tariffs.” I haven’t heard anything about it yet, but you’ll see. We, the people will be left holding the bag again.)

    • AFK BRB Chocolate (CA version)@lemmy.ca
      2·
      2 days ago

      I’m with you on prison.

      I understand that our taxes will go up. This administration is screwing the vast majority of the American people. Only the wealthy are benefiting.