9 Hrs
Source:
Los Angeles Times
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Hiltzik: Avoid relying on tariff refunds
The article explains that despite the US government refunding hundreds of millions of dollars in tariffs imposed under Trump’s trade policies, most consumers are unlikely to see direct refunds or lower prices. Major companies like Apple and Amazon have received significant refunds but have focused on reinvestment or targeted customer credits, rather than broad reimbursements. Legal rulings have invalidated the tariffs as unconstitutional, but the refunds primarily go to large importers, highlighting that consumers pay higher prices through the supply chain rather than through direct government payouts.
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