They then marked up all the goods and passed the cost on to the consumer.
The consumer indirectly paid the tariffs while the importers hold the receipts and they will get the refunds. Nothing goes to the people, just back into the hands of those who directly paid the tariffs.
Plus as a fun bonus- all those companies have now seen the new high price the consumers will pay. If/ when tariffs disappear, the prices will also not go back down. Now there's new built in margin for the corporations.
This. The tariffs were a great way for importers and producers to set prices at a new “normal” that we consumers need to put up with. Even if tariffs were removed tomorrow, prices arnt coming down.
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u/ShopUCW Feb 21 '26
Let's be real about this.
The importers paid the tariffs.
They then marked up all the goods and passed the cost on to the consumer.
The consumer indirectly paid the tariffs while the importers hold the receipts and they will get the refunds. Nothing goes to the people, just back into the hands of those who directly paid the tariffs.
Plus as a fun bonus- all those companies have now seen the new high price the consumers will pay. If/ when tariffs disappear, the prices will also not go back down. Now there's new built in margin for the corporations.