Trump administration begins refunding more than $166bn in tariffs. Months after the Supreme Court ruled that the president had no legal authority to impose them.
Trump administration begins refunding more than $166bn in tariffs. Months after the Supreme Court ruled that the president had no legal authority to impose them.
Cool, so the corporations getting these refunds are going to put their prices back to pre tariff prices, and send us refunds for the higher prices we paid, right? Right?
443Waves on
Sooo this money is going back to corporations and not the customers who actually fronted the bill? Interesting
they should all be MANDATED to pass the savings onto the consumer just like they passed the debt onto the consumer. i feel this will just end up more socialism for the rich.
coblass on
The Art of The Deal.
crush_on_me on
There is so much too that is unquantifiable. I cannot source 70% of my materials domestically anymore (or at any reasonable price for that matter) because these tariffs drove my suppliers out of business. It’s made life so much harder for small businesses; it feels like that was actually baked in though :/ How evil from top to bottom.
jVCrm68 on
Are they refunding or are they just taking applications for a refund? When the companies actually get the money let me know, because I don’t think that is ever going to happen
Standard-folk on
And nothing for the consumer… Corporations win again.
Not a single fuckin regular citizen will see a dime. Not one fuckin dime
Parasitisch on
Annoying that only FEDEX has come out and said they’re doing refunds so far. I think in the last 5 years, one item I’ve purchased from overseas came with FedEx.
Everything else is shipped UPS or it was picked up by USPS. UPS still only says decisions are pending. Those are charges I’m directly billed for upon import and can easily track.
For USPS, it’ll be a little more annoying since I never paid. That was always by places that paid for it on their end, and I was charged at checkout. That means if I want any benefit, I’d have to go through the store. However, none of my expensive stuff was shipped through that method, so I’m not pressed.
With how shitty UPS seems to have gotten over the last two years regarding customer support, I fear they are going to not refund or make it so fucking broken that it’s hard to get the refund, even if you do go through the obfuscated steps they’re sure to put up.
angelomancuso62 on
As a business owner there is some hope of recouping some losses. Average consumer? You’re getting nothing.
HighDesert4Banger on
Wasn’t it like “17 trillion” they took in or something? Where’d the trillions go?
thatdidntturnout on
Well, that didn’t turn out.
KingRo48 on
So government dept goes up further again at the same time; what are they cooking….?
young_warthog_ on
Another wealth transfer. Our government is literally stealing from us and yet we keep working. General strike when?!?!
ITAVTRCC on
SwimmingPirate9070 on
And the American people will see none of it
Live_Panda_7329 on
They should be required ti issue refund to the consumers, not the businesses. But it won’t happen. So now we rest till they bend us over the barrel again.
NitWhittler on
How much money did Trump waste forcing everyone to adopt to his illegal tariffs, having agencies collect the tariffs, manage the tariff deposits, and now process claims to refund the same tariffs that Trump illegally collected?
Kimmalah on
Frankly i’m shocked that the administration is complying with this at all, given their track record with things like following the law and stealing money.
Onomatapier on
So is he refunding it all to China and those other countries? Because according to him it was these countries that paid the tariffs and not the US based importer.
eldoggydogg on
Returning TO CORPORATIONS. Not to the Americans who paid the tariffs. Because of course not. Another upward redistribution of wealth. Fuck these people.
3Dboi3 on
Cool the rich get richer while we the ones who actually paid for this aren’t getting a dime. Where the portal for us Americans who deserve money from suffering under this party’s leadership?
CaptBreeze on
I swear being an American is embarrassing right now. I wonder how long before the home team has to play defense.
doubois on
Luckily The firm Cantor Fitzgerald, which is run by Howard lutniks sons, the Howard lutnik who was Epsteins neighbour for 7 years and is the one who pushed these tariffs and caused every average person globally to be just a little bit more poor, won the tariff redistribution rights. What that means is, Howard, who was Epsteins neighbour for years, but didn’t know him well, took money from all our wallets and made sure his sons would make billions on paying all the companies back that made you pay more. But thankfully his sons are taken care of and all those companies get their money back.
Seriously? What the fuck are we even doing, this has got to be one of the most corrupt things that’s so easy to see it blows my mind. Why is everyone just sitting around like this is ok?
Here is a break down of that money and remember the total was 166 billion:
Based on recent reports and congressional inquiries as of early 2026, the financial involvement of Cantor Fitzgerald (led by Brandon Lutnick, son of Commerce Secretary Howard Lutnick) in tariff-related services centers on a “litigation finance” model.
The firm has reportedly been pitching a product that allows them to buy the rights to potential government refunds from companies that have paid tariffs.
The Financial Model
According to internal documents and letters reviewed by news outlets like Wired and cited in congressional demands:
• Service Percentage: Cantor Fitzgerald was reportedly offering to pay companies 20% to 30% (20 to 30 cents on the dollar) for their tariff refund rights.
• The Profit Margin: If the tariffs are struck down by the courts and the government pays back the full amount, Cantor Fitzgerald would collect 100% of the refund.
• For a company that paid $10 million in tariffs, Cantor would pay the company $2 million to $3 million upfront.
• Cantor would then stand to make a $7 million to $8 million profit (a 3x to 5x return) upon a successful court ruling.
HotRodHomebody on
so much damage, so much of people’s money wasted, businesses impacted, trade hampered, trade partners lost, and too late for many. See: farming.
Kraftwerk_21 on
He should have to repay those out of his own account. Taxpayers shouldn’t have to foot the bill.
SpakenBacon on
Like Trump says, once prices are up, it’s hard to bring them down.
GoldPair526 on
“Hurr durr I voted for trump for the economy and no more wars”
AvonFartsdale_ on
Where are all the MAGA commenters?
stressfir3 on
The people paid the tariffs first. Now, they pay for the refunds.
The people got tariffed twice. It’s so hilarious 😂. Never change, people.
Pickle_ninja on
How’s Trump going to fund his secret police now!?
BubinatorX on
Look forward to the class action lawsuits.
“Did you buy ANYTHING in 2025 then you might qualify for compensation…”
SPAZING0UT on
And poorer Americans are the ones hurt the most. Thanks DJT!
BothMath314 on
Between this, the tax breaks and the DoGE dividend, American citizens won’t know what to do with their money. 🤣🤣
Far_Big_9731 on
Doubt any of that makes its way to the consumers. Just like all the Covid bail outs, etc.
Fritzo2162 on
This is such a blatant transfer of wealth it’s sickening. Democrats better make this their #1 campaign point because the middle and lower classes basically gave all corporations a massive windfall.
BenGay29 on
When do I get my check?
xChoke1x on
Refunding it to….who?
theprophet09 on
Trump is the dealer master all the world envy. What a supreme clown 🤣
Independent_Ad_5615 on
Good thing they will trickle down to the consumers just like the tariffs did right….. RIGHT?………… yeah doubt.
jaylen6319 on
And John Q Public will not get a dime of it all!!!!
snewchybewchies on
This isn’t a refund, it’s a kickback
New-Leader-7891 on
Monumental fuck up, any other president would be impeached over it
AdFun240 on
I just paid fed ex and ups yesterday so I can get my packages. Seems like I’m being exported by my own government.
47 Comments
Cool, so the corporations getting these refunds are going to put their prices back to pre tariff prices, and send us refunds for the higher prices we paid, right? Right?
Sooo this money is going back to corporations and not the customers who actually fronted the bill? Interesting
>FedEx has said it will pass refunds [back to the customers](https://www.nbcnews.com/business/business-news/fedex-says-will-return-customers-refunds-gets-back-trumps-illegal-tari-rcna260941) it shipped goods for, since it was those customers who footed the bill for the tariffs in the first place. Costco has suggested it could lower prices if it gets money back, but some shoppers [are already suing the retailer](https://www.wsj.com/business/retail/costco-sued-by-customer-over-tariff-refund-42e7c3c4), unconvinced that a vague promise of cheaper goods is good enough.
they should all be MANDATED to pass the savings onto the consumer just like they passed the debt onto the consumer. i feel this will just end up more socialism for the rich.
The Art of The Deal.
There is so much too that is unquantifiable. I cannot source 70% of my materials domestically anymore (or at any reasonable price for that matter) because these tariffs drove my suppliers out of business. It’s made life so much harder for small businesses; it feels like that was actually baked in though :/ How evil from top to bottom.
Are they refunding or are they just taking applications for a refund? When the companies actually get the money let me know, because I don’t think that is ever going to happen
And nothing for the consumer… Corporations win again.
Is the economy big and beautiful yet?
https://preview.redd.it/l4is83nrqdwg1.jpeg?width=828&format=pjpg&auto=webp&s=23dc66c72b948abc2a4c1ef7d09b233375bee436
Should I expect this as a direct deposit… or?
Not a single fuckin regular citizen will see a dime. Not one fuckin dime
Annoying that only FEDEX has come out and said they’re doing refunds so far. I think in the last 5 years, one item I’ve purchased from overseas came with FedEx.
Everything else is shipped UPS or it was picked up by USPS. UPS still only says decisions are pending. Those are charges I’m directly billed for upon import and can easily track.
For USPS, it’ll be a little more annoying since I never paid. That was always by places that paid for it on their end, and I was charged at checkout. That means if I want any benefit, I’d have to go through the store. However, none of my expensive stuff was shipped through that method, so I’m not pressed.
With how shitty UPS seems to have gotten over the last two years regarding customer support, I fear they are going to not refund or make it so fucking broken that it’s hard to get the refund, even if you do go through the obfuscated steps they’re sure to put up.
As a business owner there is some hope of recouping some losses. Average consumer? You’re getting nothing.
Wasn’t it like “17 trillion” they took in or something? Where’d the trillions go?
Well, that didn’t turn out.
So government dept goes up further again at the same time; what are they cooking….?
Another wealth transfer. Our government is literally stealing from us and yet we keep working. General strike when?!?!
And the American people will see none of it
They should be required ti issue refund to the consumers, not the businesses. But it won’t happen. So now we rest till they bend us over the barrel again.
How much money did Trump waste forcing everyone to adopt to his illegal tariffs, having agencies collect the tariffs, manage the tariff deposits, and now process claims to refund the same tariffs that Trump illegally collected?
Frankly i’m shocked that the administration is complying with this at all, given their track record with things like following the law and stealing money.
So is he refunding it all to China and those other countries? Because according to him it was these countries that paid the tariffs and not the US based importer.
Returning TO CORPORATIONS. Not to the Americans who paid the tariffs. Because of course not. Another upward redistribution of wealth. Fuck these people.
Cool the rich get richer while we the ones who actually paid for this aren’t getting a dime. Where the portal for us Americans who deserve money from suffering under this party’s leadership?
I swear being an American is embarrassing right now. I wonder how long before the home team has to play defense.
Luckily The firm Cantor Fitzgerald, which is run by Howard lutniks sons, the Howard lutnik who was Epsteins neighbour for 7 years and is the one who pushed these tariffs and caused every average person globally to be just a little bit more poor, won the tariff redistribution rights. What that means is, Howard, who was Epsteins neighbour for years, but didn’t know him well, took money from all our wallets and made sure his sons would make billions on paying all the companies back that made you pay more. But thankfully his sons are taken care of and all those companies get their money back.
Seriously? What the fuck are we even doing, this has got to be one of the most corrupt things that’s so easy to see it blows my mind. Why is everyone just sitting around like this is ok?
Here is a break down of that money and remember the total was 166 billion:
Based on recent reports and congressional inquiries as of early 2026, the financial involvement of Cantor Fitzgerald (led by Brandon Lutnick, son of Commerce Secretary Howard Lutnick) in tariff-related services centers on a “litigation finance” model.
The firm has reportedly been pitching a product that allows them to buy the rights to potential government refunds from companies that have paid tariffs.
The Financial Model
According to internal documents and letters reviewed by news outlets like Wired and cited in congressional demands:
• Service Percentage: Cantor Fitzgerald was reportedly offering to pay companies 20% to 30% (20 to 30 cents on the dollar) for their tariff refund rights.
• The Profit Margin: If the tariffs are struck down by the courts and the government pays back the full amount, Cantor Fitzgerald would collect 100% of the refund.
• For a company that paid $10 million in tariffs, Cantor would pay the company $2 million to $3 million upfront.
• Cantor would then stand to make a $7 million to $8 million profit (a 3x to 5x return) upon a successful court ruling.
so much damage, so much of people’s money wasted, businesses impacted, trade hampered, trade partners lost, and too late for many. See: farming.
He should have to repay those out of his own account. Taxpayers shouldn’t have to foot the bill.
Like Trump says, once prices are up, it’s hard to bring them down.
“Hurr durr I voted for trump for the economy and no more wars”
Where are all the MAGA commenters?
The people paid the tariffs first. Now, they pay for the refunds.
The people got tariffed twice. It’s so hilarious 😂. Never change, people.
How’s Trump going to fund his secret police now!?
Look forward to the class action lawsuits.
“Did you buy ANYTHING in 2025 then you might qualify for compensation…”
And poorer Americans are the ones hurt the most. Thanks DJT!
Between this, the tax breaks and the DoGE dividend, American citizens won’t know what to do with their money. 🤣🤣
Doubt any of that makes its way to the consumers. Just like all the Covid bail outs, etc.
This is such a blatant transfer of wealth it’s sickening. Democrats better make this their #1 campaign point because the middle and lower classes basically gave all corporations a massive windfall.
When do I get my check?
Refunding it to….who?
Trump is the dealer master all the world envy. What a supreme clown 🤣
Good thing they will trickle down to the consumers just like the tariffs did right….. RIGHT?………… yeah doubt.
And John Q Public will not get a dime of it all!!!!
This isn’t a refund, it’s a kickback
Monumental fuck up, any other president would be impeached over it
I just paid fed ex and ups yesterday so I can get my packages. Seems like I’m being exported by my own government.