The (now seemingly) likely refund of tariffs (now deemed illegal) paid in the US by importers, may actually turn out to be yet more corporate welfare.
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The (now seemingly) likely refund of tariffs (now deemed illegal) paid in the US by importers, may actually turn out to be yet more corporate welfare.
If importers raised their prices to cover tariff charges, but then receive a refund on those charges, but do not pass that refund onto customers (which to be frank may actually be impractical at the retail level), then either the importers or the retailers (if refunds are passed down) are getting a windfall!
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The (now seemingly) likely refund of tariffs (now deemed illegal) paid in the US by importers, may actually turn out to be yet more corporate welfare.
If importers raised their prices to cover tariff charges, but then receive a refund on those charges, but do not pass that refund onto customers (which to be frank may actually be impractical at the retail level), then either the importers or the retailers (if refunds are passed down) are getting a windfall!
Usually the corporations collect that extra money very thankfully...
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The (now seemingly) likely refund of tariffs (now deemed illegal) paid in the US by importers, may actually turn out to be yet more corporate welfare.
If importers raised their prices to cover tariff charges, but then receive a refund on those charges, but do not pass that refund onto customers (which to be frank may actually be impractical at the retail level), then either the importers or the retailers (if refunds are passed down) are getting a windfall!
@ChrisMayLA6 it’s so hard to tell corporate welfare from corruption
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J jwcph@helvede.net shared this topic
