There's no way much of that tariff money can be recovered. Many shippers for example raised their prices very significantly to cover duty/tariff charges from their end so that recipients didn't have to worry about them. Even if those shippers eventually see some sort of refund of those duty/tariff payments it's very unlikely the buyers will ever see any part of them. So U.S. buyers got screwed and are staying screwed.
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@lauren Hmm. I can't say you're wrong, but I would have assumed Customs would have collected those taxes and turned them over to the Treasury. So it seems the illegal tariffs should be 100% refundable.
But that would be a world where billionaires aren't in charge...
@lauren
So wait, are you telling me a botched government policy imposed unilaterally by a Republican president accidentally redistributed wealth from the poor to the rich‽
Exactly. The pricing structure has been altered, and there is no going back.
@steve_zeke In detail? Probably not. Maybe they'd have some sort of store wide sale for a time saying it's a "tariff sale" or something, but customers trying to claw back specific amounts seems like a tough slog. Who knows ...
@lauren
Was thinking more of a rebate or dividend (they already pay that for executive members) or just deduction for annual membership fee?
@steve_zeke Some sort of one-time annual fee reduction might make sense, but wouldn't amount to much in terms of dollars per individual.
@lauren we COULD confiscate the wealth of the ruling crime family and redistribute as refund.
@lauren See also: the recurring US-Canada softwood lumber anti-dumping disputes, which Canada wins each time.
@lauren price increases are never rescinded. That's true. First they raised prices during COVID, now the Tariffs. But don't raise the minimum wage, oh F no. <sarcasm>
@lauren And prices sure won't go back down either.