> Because they paid it.


I think the point is that you can’t issue refunds in proportion to tax incidence. 

Foreign exporters and domestic consumers bore a share of the tariff costs and won’t be receiving refunds.

> What’s well interesting is that any refunds will just go to the importers and not to the people at all.

Because they paid it.

> now without it these trade deals are uncertain.

What a tragedy /s

028559d218

You never see potential refunds discussed when economists explain tax incidence.

Undisciplined

What’s well interesting is that any refunds will just go to the importers and not to the people at all. Plus this could result in trade deals falling through. I wasn’t a big fan of the tariffs but they were leverage that was getting deals done and now without it these trade deals are uncertain.

This result just seems to be another net loss to the American people and a win for big business/importers.

Politics_And_Law

econ

Supreme Court Strikes Down Trump Tariffs

siggy47

What’s well interesting is that any refunds will just go to the importers and not to the people at all. Plus this could result in trade deals falling through. I wasn’t a big fan of the tariffs but they were leverage that was getting deals done and now without it these trade deals are uncertain. 

This result just seems to be another net loss to the American people and a win for big business/importers.