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by yibers 102 days ago
So hold on. The US taxpayer first paid the tariffs themselves. Next he has to pay compensation for the tariffs he himself paid?
2 comments

Essentially yes. Companies paid the tariff costs, largely passed this on to consumers via higher prices, and now companies are due the tariff costs back. Consumers of course won’t get anything back.

Well done America.

Hey, not a problem. We pay in a fiat currency we control.
We're still on a massive defecit, so yes? We didn't have that tarriffs money hanging out in a vault.
Tariffs do hang out in a vault for a period of time when the importer can challenge the collection or the amount.

https://www.politico.com/news/2026/03/06/cbp-tells-judge-it-...

> Under customs law, importers generally have about 314 days after goods enter the country before a tariff payment is finalized, a process known as “liquidation.”

> If companies fail to challenge the duty and request a refund after the duty is finalized — or liquidated — they must file a formal protest and, in some cases, challenge the decision in the New York-based trade court to recover the funds.

Well, fair enough. I stand corrected.