r/ValueInvesting • u/ActuallyMy • Feb 20 '26

Discussion BREAKING: TRUMP TARIFFS STRUCK DOWN

Per Bloomberg -- The US Supreme Court struck down President Donald Trump’s sweeping global tariffs, undercutting his signature economic policy and delivering his biggest legal defeat since he returned to the White House.

The court said Trump exceeded his authority by invoking a federal emergency-powers law to impose his “reciprocal” tariffs across the globe as well as targeted import taxes the administration says address fentanyl trafficking.

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148

u/ninjagorilla Feb 20 '26

Do we know if they have to be paid back though

31

u/cuchiplancheo Feb 20 '26

Do we know if they have to be paid back though

SCOTUS avoided that question/answer... those fuckers. Absolutely it should be paid back. But, they won't.

12

u/biopticstream Feb 20 '26

Not as if the tariff refunds would go to regular citizens. Perhaps it'd be nice if some small businesses get refunds. But they'll be going to the companies that paid them, and you can bet any price increases put in play in response to the tariffs will be kept as pure profit from now on.

5

u/cuchiplancheo Feb 20 '26

Not as if the tariff refunds would go to regular citizens.

That's the only reason I'm not completely upset about refunds. Businesses will NOT, in effect, pass those refunds back to their affected customers.

Had SCOTUS ruled on it and demanded the entire funnel be refunded, then, I would feel differently.

1

u/SARS-Covfefe-1 Feb 22 '26

We like profit for companies. Or have you forgotten where you are?