Tariff Refunds Another Trump Disaster

In his obsession to illegally levy tariffs on importers of foreign products,  thinking that he was punishing the exporting countries, the reckless and profoundly ignorant Malignant Fascist couldn't conceive that it would fall apart in court, and that the billions of dollars in tariffs collected would have to be reimbursed.  His ignorance of the separation of powers and confidence that his spineless cult in Congress would back him up on taxation roles has led to a disaster that he engineered.  From the Associated Press:

"Companies have been lining up for refunds. But the way forward could prove chaotic.

When the smoke clears, trade lawyers say, importers are likely to get money back — eventually. 'It’s going to be a bumpy ride for awhile,' said trade lawyer Joyce Adetutu, a partner at the Vinson & Elkins law firm.

The refund process is likely to be hashed out by a mix of the U.S. Customs and Border Protection agency, the specialized Court of International Trade in New York and other lower courts, according to a note to clients by lawyers at the legal firm Clark Hill.

'The amount of money is substantial,' Adetutu said. 'The courts are going to have a hard time. Importers are going to have a hard time.’'

Still, she added, 'it’s going to be really difficult not to have some sort of refund option’' given how decisively the Supreme Court repudiated Trump’s tariffs."  (our emphasis)

States such as Illinois and Nevada are also requesting reimbursement on behalf of their citizens, adding to the Trumpian mess.

The MF seems willing to extend the problem by vowing to employ other means to impose tariffs (see post below), now that his "economic emergency" ploy was struck down by the Supreme Court.  He indicated as much in his raving, demented attack on the decision yesterday, and specifically on the two justices that he nominated, Gorsuch and Coney Barrett.  So, consumers, importers and our U.S. export sector facing retaliatory tariffs abroad will continue to pay the price -- literally -- for the MF's anger and stupidity.