Tech industry is in tariff hell, even if refunds are automated

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“$700 million in interest is added to the final bill every month that the government delays tariff refunds, or around $23 million per day.”

It’s insane that the American tax payers paid more for products, and now they get to pay interest on their illegal payments, and all of that money goes into the coffers of private companies — who will no doubt use it to issue special dividends to their investors and bonuses to their execs.

Any sane administration would be promptly removed and this would be a chain around their neck for a generation.

Alright, well the only way they are getting promptly removed is if average Americans all decide they need to go to DC to physically do it.

DC is 3000 miles away from me and I have to work on Monday.

If only the ’opposition’ party wasn’t spineless. Y’know how the j6ers did their coup? Republicans paid for it.


The designated subject for your personal protest is the richest person within 20 miles of you.


i can’t remember what the election map of DC looks like. oh right 95% blue. no wonder that’s the first place krasnov’s grosstapo went




Can’t it be claimed as a tax refund? If not, why? Just claim it and sue if it’s not paid out. I feel it’s a refundable expense, no?



Stick to your old hardware and wait for the shitstorm to pass. The big tech deserve to fail.

The big tech doesn’t deserve to fail. a bail out, but will definitely be getting one.

Hot take: if your company needs a bailout it’s no longer a private company and belongs to people as a public service and is regulated as such.

I mean…. personally? I don’t feel like this is actually that much of a hot take. More of a verifiably good idea.

That sounds a lot like socialism and we don’t do that in this here land of the free 🦅

And yet the “free” market can’t be trusted to correct itself and fill the gaps if we allow a giant megacorp to fall.


“Pay no attention to the [US government buying 10% of Intel] behind the curtain.”



The bailout is the government purchasing shares at about to go bankrupt prices. It’s a reasonable take that isn’t even really a change in the system.

See….that’s the kind of logic that gets people places!

…….. unfortunately in the US the place it might get you is the gulag….




bailouts ought to come with leverage either as a loan/bond (at fed rates) or a capital investment. I agree! and then the company can either buy the government out or repay the loan. it strikes me as fair.

now hear me out: that fund that the government owns? all those stocks and bonds?

if you are an elected official, you gotta sell your stocks, your bonds, your etfs, everything. then you invest in the government fund. they’re gonna fuck around to boost those stocks anyways, so let’s have a set that we know.

then make an ETF for us plebes that follows it that we can invest in if we want to follow their inside trading.


hmm…… never thought about it like this but I agree 👍





Good thing we just started a war to paralyze global energy markets. That’ll help!


The tech industry will get to keep refunds of the of tariffs they’ve collected AND will make more money automating the distribution of those refunds to themselves.

Sounds like the tech industry is in tariff heaven.


I have a question. The government is repaying companies that paid the tariffs. But the companies passed the cost of the tariffs on to the consumers. Do the consumers get refunded for their tariff applicable purchases? Like. Not the whole thing obvious, but the portion that covered the tariffs?

What do you think lol? Cards Against Humanity is sending wee little checks out if you email them, but it’s both a marketing stunt and the only incidence I’ve heard of

I think it’s important to highlight it because these companies likely will pocket the refunds and give their consumers nothing. I doubt that prices will even fall in the wake of this to pre tariff prices.

Which means even in fucking it up and enacting tariffs that were illegal it still benefitted businesses instead of consumers when what that idiot claimed at the start is that the American people would benefit and even see lower prices.




It may be time for Trump to rethink tariffs

LOL. It’s his only trick

To rethink something, it would require to think first.



Wonder what’ll be the next insider trading scheme

Seems to be: betting on their own actions on prediction markets



“Restraint’s probably not the perfect word,” but the president may start exhibiting “a little more contemplation and thoughtfulness,” Dolen suggested.

I mean, theoretically, yes…


Not even in theory, no.



Theoretically in the way some particles have been theorized to maybe exist according to physical models but have never been observed.



The content of the article does not match the title. It doesn’t actually talk specifically about the tech industry or claim that it is in particular difficulty.


Comments from other communities

I am shocked anyone believes there will be tariff refunds.

Oh I believe they’re going to refund the companies. They’ll eventually bankrupt the government if they don’t, and the government needs that money to keep bombing brown people.

I don’t believe customers will see a red cent, despite the interest being paid out from our tax dollars.

I don’t think they will.

Maybe bezos only.

No one else.

But I doubt it.

Trump is bankrupting the U.S. There is no money to refund.

If anyone is going to get their way it will be the rich businesses. They’re the ones who forced the states who brought the case to the supreme Court in the first place to make the court system admit that the tariffs were illegal.

The rich want their money. We have seen repeatedly that you can fuck over the poor and get away with it but when you mess with the rich you end up paying with interest or serving jail time or both.



I bet a small portion will flow back to customers via class action. Companies that admitted to passing on tariffs via email communications, sales or cart descriptions or tariff line items are likely slam dunk class action wins.

I’ll give you that. It’s probably true. I hope customers get more than a $1.75 check in the mail due to a class action. Because class action isn’t set up for this kind of thing. the fact that it’s capped means people who bought these items will not get the refund they deserve.





Those refunds aren’t coming to consumers. That money came out of our pockets and went to the companies. The companies have already been made whole, by overcharging consumers for tariffs we didn’t need to pay. Now the government is going to cut them a check for the money we already paid them.

We could have saved time by just sending our income taxes directly to Elon and the rest of the problem class.

Some of it will. Any company that had a tariff line item or probably even any that mentioned them in their sales descriptions or checkout carts are most likely slam dunk class actions.



How is this not an even bigger budget crisis for the US Fed?


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