Companies got to keep that money after they were declared unconstitutional. No company’s bottom line was hurt by any tariff.
My favorite was Costco telling customers they’re just going to have more sales to save customers more money or something stupid instead of giving any tariff money back.
Costco didn’t raise their prices to compensate for the tariffs, unlike basically every other retail company. They actually ate the cost before they were refunded.
The tariffs helped at least some rich people (you can tell because that’s the only reason Trump doss anything). The rich don’t have perfect class solidarity indeed, so it comes down to who is most powerful and doing the most winning. And its true Huang also most likely made some people richer in doing this, but they were in a different country and therefore less able to protect him. Big mistake to enrich the people who don’t have legal jurisdiction over you at the expense of people who do
Tariffs?
Companies got to keep that money after they were declared unconstitutional. No company’s bottom line was hurt by any tariff.
My favorite was Costco telling customers they’re just going to have more sales to save customers more money or something stupid instead of giving any tariff money back.
Edit: no trump donor company’s bottom line*
Costco didn’t raise their prices to compensate for the tariffs, unlike basically every other retail company. They actually ate the cost before they were refunded.
I stand partially corrected and my faith in Costco partially restored. Thanks for sharing.
Caveat tho, they are getting sued to prove it.
https://www.reuters.com/legal/government/costco-urges-us-judge-reject-consumer-class-action-over-tariff-refunds-2026-05-19/
I won’t believe a single individual’s claims nor will I ever trust what a company says so maybe we’ll see.
Good point. I take it back. 👍
The tariffs helped at least some rich people (you can tell because that’s the only reason Trump doss anything). The rich don’t have perfect class solidarity indeed, so it comes down to who is most powerful and doing the most winning. And its true Huang also most likely made some people richer in doing this, but they were in a different country and therefore less able to protect him. Big mistake to enrich the people who don’t have legal jurisdiction over you at the expense of people who do