this post was submitted on 03 Sep 2025
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The majority of the sweeping tariffs Donald Trump imposed during his second term face one final litmus test that will determine whether he can continue to levy them – and also whether businesses are eligible for massive refunds.

That potentially dramatic turn in the tariff saga comes after a federal appeals court ruled on Friday that Trump unlawfully leaned on the International Emergency Economic Powers Act (IEEPA) to impose across-the-board duties on countries.

Trump had used those powers to push import tax rates as high as 50% on India and Brazil – and as high as 145% on China earlier this year.

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[–] resipsaloquitur@lemmy.world 6 points 3 days ago

He’s already spent it on bling from Kohl’s.

[–] thefluffiest@feddit.nl 5 points 3 days ago

Thanks CNN. Now the Supreme Court justices know their asking price

[–] aramis87@fedia.io 6 points 3 days ago (1 children)

Turns out either I can't read or can't math.

~~Funny how the refund works out to a total of about 60 cents per American, when I know I've paid WAY more than that in tariff-related bullshit.~~

[–] CarbonIceDragon@pawb.social 4 points 3 days ago (1 children)

60 cents? You may have confused "billion" for "million" somewhere, unless I'm misunderstanding you, in which case we'd be talking closer to $600

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[–] blitzen@lemmy.ca 5 points 3 days ago

It shouldn’t go back to businesses, it should be a tax credit (with documentation.)

[–] crystalmerchant@lemmy.world 4 points 3 days ago

Those businesses will never see a goddamn cent

[–] Witchfire@lemmy.world 5 points 3 days ago

Or else what?

[–] DaddleDew@lemmy.world 4 points 3 days ago

Cool. Can other countries sue for the damage it caused to their industries as well?

[–] einlander@lemmy.world 3 points 3 days ago

Don't worry, the supremes will make it all go away.

[–] pelespirit@sh.itjust.works 2 points 3 days ago (3 children)

The money will go back to American businesses, which means American consumers. That means that's more proof that Americans are paying for the tariffs.

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