The USG will need to pay interest as well.
Jarrin Jay said:
We need to change our tariff payment and collections to where the overseas EXPORTER of record pays the tariffs, not the importer of record. That would truly make the foreign goods more expensive and hurt the foreign companies directly. The way the system is implemented now raising tariffs does not truly have the intended affect, it only really works if the foreign manufacturer is importing to themselves in the US to a foreign owned dealership or distributorship.
Stressboy said:Scruffy said:
As I said on the previous thread where FedEx was suing,
My wife had ordered some gloves from a UK store.
They shipped and eventually we received them... we thought the tariff was included in the price.
Several weeks late we got a bill from FedEx saying they had paid the extra tariff and we owed them the cost of the tariff plus the extra processing free for them to pay it for us.
We were never told the package was waiting tariff fees, we were never given the option to pay them.
So the question becomes, who really paid the tariff?
Yes FedEx paid it initially, but they then charged us and tacked on extra.
So do they(FedEx) get a refund and get to keep the extra fee they forced us to pay, or does the refund come to us?
Not a lawyer so what follows seems like common sense.
Since you have a documented that they paid the tariff for you and you paid them the extra tariff costs then they should owe you the money back. Though the extra processing fee will probably be lost.
If they say they owe you nothing, consult a lawyer.
Scruffy said:
Or we have to pay 10+ times that for a lawyer?
While the ignorant masses will think this is good for the consumers, in reality it's just import companies getting an extra payday on top of what they already charged.
Scruffy said:Stressboy said:Scruffy said:
As I said on the previous thread where FedEx was suing,
My wife had ordered some gloves from a UK store.
They shipped and eventually we received them... we thought the tariff was included in the price.
Several weeks late we got a bill from FedEx saying they had paid the extra tariff and we owed them the cost of the tariff plus the extra processing free for them to pay it for us.
We were never told the package was waiting tariff fees, we were never given the option to pay them.
So the question becomes, who really paid the tariff?
Yes FedEx paid it initially, but they then charged us and tacked on extra.
So do they(FedEx) get a refund and get to keep the extra fee they forced us to pay, or does the refund come to us?
Not a lawyer so what follows seems like common sense.
Since you have a documented that they paid the tariff for you and you paid them the extra tariff costs then they should owe you the money back. Though the extra processing fee will probably be lost.
If they say they owe you nothing, consult a lawyer.
Right.... so maybe they give us back the extra $8, but we are still out the $24 in fees?
Or we have to pay 10+ times that for a lawyer?
While the ignorant masses will think this is good for the consumers, in reality it's just import companies getting an extra payday on top of what they already charged.
Martin Q. Blank said:Quote:
must begin paying out more than $130 billion in tariff refunds to US businesses
So businesses charge more to compensate for tariffs. Then get refunded. Good day for big business!
MouthBQ98 said:
So who actually paid the cost in the end, or is this just a windfall for the importer that will get a big rebate for costs they have already passed along as much as they are able?
MemphisAg1 said:MouthBQ98 said:
So who actually paid the cost in the end, or is this just a windfall for the importer that will get a big rebate for costs they have already passed along as much as they are able?
The entity that is due the refund is the one who actually paid the tariff to the government.
Whether they explicitly passed it on to their customer and that customer is due a refund from them will depend on the commercial contract between those parties. In some cases I would bet it's clear that their customer is due a refund. In other cases, it won't be in the contract and will be subject to negotiation if the customer has commercial leverage to force the issue.
And I'd bet there will also be lawsuits for those cases where the parties don't agree.
A huge mess really.
bobbranco said:Scruffy said:
Or we have to pay 10+ times that for a lawyer?
While the ignorant masses will think this is good for the consumers, in reality it's just import companies getting an extra payday on top of what they already charged.
And lawyers.
A lawyer would demand a retainer of $4,000.
It's a feature not a bug...
mm98 said:MemphisAg1 said:MouthBQ98 said:
So who actually paid the cost in the end, or is this just a windfall for the importer that will get a big rebate for costs they have already passed along as much as they are able?
The entity that is due the refund is the one who actually paid the tariff to the government.
Whether they explicitly passed it on to their customer and that customer is due a refund from them will depend on the commercial contract between those parties. In some cases I would bet it's clear that their customer is due a refund. In other cases, it won't be in the contract and will be subject to negotiation if the customer has commercial leverage to force the issue.
And I'd bet there will also be lawsuits for those cases where the parties don't agree.
A huge mess really.
In my industry, all the pricing adjustments upward were done with letters specifically citing the reason for the increase being tariffs. Based on our agreements there will be many who get money back who were not the importer of record but still impacted.
Watermelon Man said:
It's not the importers who I hold responsible, for whatever they decide to do, it's the billionaires who bought the congress to lower their income taxes. That's what the tariffs were supposed to replace. Cut the taxes for the top 1% and replace that revenue with tariffs (see BBB) that is spread out over all consumers. Yeah, they consume more, but they aren't complaining because they know how it works. They didn't do this for the standard consumer.
BMX Bandit said:dvldog said:
The SC should have addressed this in the first place. This is going to end up right back on their docket.
There was nothing to address. The government said that people would get refunds if they lost it is part of the reason there was a stay on any injunction. The government said there would be no permanent harm.
Logos Stick said:Watermelon Man said:
It's not the importers who I hold responsible, for whatever they decide to do, it's the billionaires who bought the congress to lower their income taxes. That's what the tariffs were supposed to replace. Cut the taxes for the top 1% and replace that revenue with tariffs (see BBB) that is spread out over all consumers. Yeah, they consume more, but they aren't complaining because they know how it works. They didn't do this for the standard consumer.
That is why I like tariffs and I'm not a billionaire. The takers - who you support - don't pay **** right now! They need skin in the game.
And it doesn't cut squat for the billionaires as it stands! There was never any deal.
Im Gipper said:bobbranco said:Scruffy said:
Or we have to pay 10+ times that for a lawyer?
While the ignorant masses will think this is good for the consumers, in reality it's just import companies getting an extra payday on top of what they already charged.
And lawyers.
A lawyer would demand a retainer of $4,000.
It's a feature not a bug...
$4000!!?
Is this 1982??!?
Watermelon Man said:MouthBQ98 said:
So who actually paid the cost in the end, or is this just a windfall for the importer that will get a big rebate for costs they have already passed along as much as they are able?
Obviously, we're waking up the fact that the American consumers end up paying for the tariffs. That isn't news.
Whether or not an importer passes the tariff to his customers is his choice. If he makes a good choice, he stays in business. If not, his competitors do.
It's not the importers who I hold responsible, for whatever they decide to do, it's the billionaires who bought the congress to lower their income taxes. That's what the tariffs were supposed to replace. Cut the taxes for the top 1% and replace that revenue with tariffs (see BBB) that is spread out over all consumers. Yeah, they consume more, but they aren't complaining because they know how it works. They didn't do this for the standard consumer.
If the government is allowed to keep taxes they collect erroneously, you will find fewer and fewer taxpayers eager to pay taxes. They will delay, delay, delay, just to make sure they really owe, particularly if they don't get it back if they overpay. That would not be a good thing for the IRS or CBP, since it would make their jobs much harder. Everyone would delay paying.
Of course, the idea to impose the tariffs was illegal (honestly, by definition illegal). Whoever made that decision is the one to blame.
Aggie95 said:
What has the government actually collected in tariffs so far? The cost to reimburse would probably be double that amount.
MouthBQ98 said:
So who actually paid the cost in the end, or is this just a windfall for the importer that will get a big rebate for costs they have already passed along as much as they are able?
YouBet said:Aggie95 said:
What has the government actually collected in tariffs so far? The cost to reimburse would probably be double that amount.
Roughly $300B where about $100B of that was ruled and qualified as refundable. Thus, as you can see, there is a lot of noise here with little real impact in the grand scheme of
doubledog said:
The judge clearly has a conflict of interest.
DonHenley said:
Do we as the consumer get a refund as well?
flown-the-coop said:Scruffy said:Stressboy said:Scruffy said:
As I said on the previous thread where FedEx was suing,
My wife had ordered some gloves from a UK store.
They shipped and eventually we received them... we thought the tariff was included in the price.
Several weeks late we got a bill from FedEx saying they had paid the extra tariff and we owed them the cost of the tariff plus the extra processing free for them to pay it for us.
We were never told the package was waiting tariff fees, we were never given the option to pay them.
So the question becomes, who really paid the tariff?
Yes FedEx paid it initially, but they then charged us and tacked on extra.
So do they(FedEx) get a refund and get to keep the extra fee they forced us to pay, or does the refund come to us?
Not a lawyer so what follows seems like common sense.
Since you have a documented that they paid the tariff for you and you paid them the extra tariff costs then they should owe you the money back. Though the extra processing fee will probably be lost.
If they say they owe you nothing, consult a lawyer.
Right.... so maybe they give us back the extra $8, but we are still out the $24 in fees?
Or we have to pay 10+ times that for a lawyer?
While the ignorant masses will think this is good for the consumers, in reality it's just import companies getting an extra payday on top of what they already charged.
No way. The folks like Lutnick's son and the financial wizards that advised the importers to sale their refund claims and then those that bought them for pennies on the dollar are the winners.
Importers get their quick cash and the refund claim gamblers may get paid something 6 to 7 years from now. Everyone wins!
TXAggie2011 said:YouBet said:Aggie95 said:
What has the government actually collected in tariffs so far? The cost to reimburse would probably be double that amount.
Roughly $300B where about $100B of that was ruled and qualified as refundable. Thus, as you can see, there is a lot of noise here with little real impact in the grand scheme of
They sent money to the government and then charged their customers more. And now they get a refund but they're not going to refund their customers.Teslag said:2026NCAggies said:
Good luck with that. Not going to happen
Steel tariffs have cost us a lot of money and we have not gotten a dime and won't get a dime. Neither should any of yall
The ruling addresses those who actually sent money to the government for tariff payments. And yes they should be refunded.
dvldog said:
Thanks for the clarification. I guess I was thinking back to Gorsuch's opinion where he mentioned something about the refund mess and that the court chose not to provide any guidance on that (paraphrasing). But I could have also made that up or am remembering it incorrectly...
Jeeper79 said:They sent money to the government and then charged their customers more. And now they get a refund but they're not going to refund their customers.Teslag said:2026NCAggies said:
Good luck with that. Not going to happen
Steel tariffs have cost us a lot of money and we have not gotten a dime and won't get a dime. Neither should any of yall
The ruling addresses those who actually sent money to the government for tariff payments. And yes they should be refunded.
BMX Bandit said:dvldog said:
Thanks for the clarification. I guess I was thinking back to Gorsuch's opinion where he mentioned something about the refund mess and that the court chose not to provide any guidance on that (paraphrasing). But I could have also made that up or am remembering it incorrectly...
I don't recall Gorsuch saying that, but could have missed it. He essentially shredded several of the justices for ignoring their past decisions (even those that ruled with him here) in this case.
I get it's not an easy thing to unravel, but it's crazy to me to think people that were overtaxed should not get a refund. Not putting you in that camp, but some posters seem to think that.
Quote:
One issue will be refunds. Refunds of billions of dollars would have significant consequences for the U. S. Treasury. The Court says nothing today about whether, and if so how, the Government should go about returning the billions of dollars that it has collected from importers. But that process is likely to be a "mess," as was acknowledged at oral argument.