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By the numbers: Customs officials are processing more than $104 billion in potential tariff refunds, with about $71 billion — including interest — already certified and sent to Treasury for payment, according to a court filing.
Bank of America says the money is moving faster than expected, with most refunds likely completed by summer's end.
Nike said last month that it expects to recover nearly $1 billion in tariffs, a one-time gain that helped sharply improve its profit margins.
How do people who paid more for their products and groceries at the store get a refund?Tariff refunds are happening! Going to be a temporary boost for the economy!
You are celebrating a $200b wealth transfer directly from ordinary people to corporations for literally no reason? It is pure theft. And you are celebrating it?Tariff refunds are happening! Going to be a temporary boost for the economy!
WASHINGTON, July 13 (Reuters) - A U.S. judge on Monday found that President Donald Trump improperly used a $10 billion lawsuit he filed against the IRS to extract personal benefits from the government he oversees, preventing the terms of a settlement agreement from taking legal effect.
But why drive on it?
But why drive on it?
What is the purpose of that?