Subject: Re: Trade Court orders tariff refunds
The net effect will be a $130 billion economic stimulus, if all the refunds actually go through. I'm assuming there will be the typical series of appeals before anyone is refunded anything.
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.