Subject: Re: Trade Court orders tariff refunds
The more interesting question is whether or not the merchants who receive tariff refunds will then be subject to claims for reimbursement from their customers.
This is going to spawn a whole lot of litigation, hopefully, the lawyers don't end up eating up the entire $130 billion.
You’re correct to point to the potential chaos.
Let’s hope we draw the proper conclusion- that the illegal way that Trump slapped on tariffs, then unilaterally raised and lowered rates on a daily, sometimes hourly basis, is never a good idea, and unraveling the resulting chaos will prove to be a Herculean task.