Tracking Trump's Tariffs and Turbulent Trade Talks

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Forbes

Could you join a Trump tariff class-action suit? Here’s what’s been filed​

Consumers are increasingly bringing class action lawsuits against companies that raised their prices in response to President Donald Trump’s tariffs and are now seeking refunds after the tariffs were declared unlawful, potentially becoming a key way for Americans who suffered from tariff-related price increases to get some of their money back.

The Supreme Court ruled in February that Trump’s tariffs imposed under the International Emergency Economic Powers Act, or IEEPA, are unlawful, paving the way for thousands of companies to get the amount they paid in IEEPA tariffs refunded.

Read it all:

https://www.msn.com/en-us/money/mar...hat-s-been-filed/ar-AA1YzKNs?ocid=socialshare
 
searcher said:

Costco sued by customer over tariff refund​

Costco Wholesale is being sued by a shopper looking to get his tariff costs back.

A lawsuit filed Wednesday in an Illinois federal court alleges that Costco owes its customers refunds related to tariffs deemed unlawful by the Supreme Court last month. The suit is seeking class-action status on behalf of Costco shoppers nationwide.

Costco increased product prices to offset the cost of tariffs, but it hasn’t promised shoppers a refund, said the lawsuit filed on behalf of Matthew Stockov, a Costco member who lives in Illinois. Shoppers won’t get a government refund directly, because they are not the importer of record, said the lawsuit. “The truly injured parties possess no direct avenue for redress,” alleged the lawsuit, which asks Costco for a refund on price increases related to tariffs, plus interest.

More:

https://www.msn.com/en-us/money/com...er-tariff-refund/ar-AA1YqPM2?ocid=socialshare
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He wants attention, and the co-opted, grifted, TDS mediuh (lookit the source here) gave it to him.

Something like that takes years to work through the courts. Once there is an ORDER...it would take months, and require specific receipts, to get the refund processed. And no, not everything had those stupid tariffs on them.

Typically, an outfit like Costco would offer a partial blanket settlement to make the claim go away. Since Costco charges an annual membership fee, they'll probably give anyone who could produce receipts, a couple years of free renewal.

It's a reasonable compromise to a logistical nightmare. A good law firm should be able to get the case bounced, if the litigant does not accept a settlement. It's more than I got when Verizon was in a class-action overcharge suit; and more than I got even when the realtor who sold my Ohio house, got busted by the state for violating commission laws.

In one case I got a discount ticket for a new phone - and I was eight years away from Verizon anyway. The other case, my membership in the "class" just disappeared.
 

Congressional proposals provide framework for consumer tariff refunds​

Two recent legislative proposals aim to put hundreds-if not thousands-of dollars back in shoppers' pockets in the form of tariff refunds or rebates.

The American Consumer Tariff Rebate Act of 2026 (H.R. 7865), introduced last week by Rep. Henry Cuellar (D-Tex.), would provide direct payments worth about $231.35 billion-the amount the Congressional Budget Office estimates shoppers have paid in tariffs-to American taxpayers to offset the continually rising costs associated with President Donald Trump's tariff regime.

More:

https://www.msn.com/en-us/money/mar...r-tariff-refunds/ar-AA1YPYT8?ocid=socialshare
 
  • President Donald Trump said Supreme Court Justices Neil Gorsuch and Amy Coney Barrett “sicken me” for voting to rule that his IEEPA tariffs were illegal.
  • Trump said that Gorsuch and Barrett are “bad for our country” in a speech at the National Republican Congressional Committee dinner in Washington, D.C.
  • The president fumed that the Supreme Court did not let the U.S. government off the hook from having to refund up to $165 billion in tariffs collected until the decision was issued on Feb. 20.
More:

www.cnbc.com

Trump says Justices Barrett, Gorsuch ‘sicken me’ after Supreme Court tariff ruling

The Supreme Court, in a 6-3 ruling, said President Trump did not have authority under the International Emergency Economic Powers Act to impose tariffs.
www.cnbc.com www.cnbc.com
 

Farmer: Would rather have 'better opportunity to market my product' than government bailout​

Mar 27, 2026 #Trump #Politics #Farmers
President Trump is set to offer new loan guarantees for farmers who have been hit hard by his tariffs and the war with Iran. Illinois farmer John Yeley joins Alex Witt to break down the impact of Trump's economic policies on his business.


4:27
 
searcher said:
www.freightwaves.com

Small businesses say tariffs still hurting a year after ‘Liberation Day’

One year after the “Liberation Day” tariffs, small business owners say ongoing trade policy shifts are still affecting supply chains, pricing and growth plans.
www.freightwaves.com www.freightwaves.com
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Yeah. The tariffs are gone, but all the problems are caused by the (absent) tariffs.

The madcap money-printing of five years ago, the double-digit inflation, couldn't POSSIBLY be the problem.

This is the problem with Narrative Nooze. It devolves into complete nonsensical idiocy.
 

Our Inconstant President

Our economy depends on investors who make sound business decisions. How can they do so, when they are always in doubt about the effect of Trump’s policies on the economy?
goldseek.com goldseek.com
 
searcher said:

Our Inconstant President

Our economy depends on investors who make sound business decisions. How can they do so, when they are always in doubt about the effect of Trump’s policies on the economy?
goldseek.com goldseek.com
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Maybe the chaos doesn't come from Trump.

It's not Trump that's overturning tariffs - a power Congress legally granted the President. Somehow these Fudd Kangaroos were JESS-FINE with Bubba Priapic giving Chy-Nuh Most-Favored-Nation tariff exemption, in the mid-1990s. But RETRACTING it, and reverting to previous status...USING A POWER THAT CONGRESS HAD GIVEN - is a call to action for fake judges.

Nope, it's not Trump, there - it's the TDS loons who cannot come to grips that neither Killary nor Kameltoe were able to be frauded into office.

I can't WAIT until the next Dumbo kook gets faked into the off-white house. First thing she/they will do, no doubt, is bulldoze the new ballroom on the property. Because (spittle flying) TRUMPFFT....
 

Customs to return $120 billion in tariffs to importers in first phase​

(The Center Square) – The federal government is preparing to return an estimated $166 billion in tariff revenue after the U.S. Supreme Court struck down President Donald Trump's sweeping import taxes.

As Customs and Border Protection develops a new system to process the massive payouts, the decision has reignited debate over the future of tariffs in the U.S., with fresh legal challenges already mounting against alternative duties imposed by the president.

U.S. Customs and Border Protection has been developing a refund process for businesses and importers who paid the duties. The trade court judge overseeing the process has requested regular progress reports from officials to ensure timely completion. The agency previously told the court it expects the first phase of the new refund system to be ready by mid-April.

More:

https://www.msn.com/en-us/money/mar...s-in-first-phase/ar-AA1ZQUob?ocid=socialshare
 
The Trump administration is preparing to impose new tariffs on branded drugs from pharmaceutical companies that have not struck landmark deals with the president to lower their U.S. drug prices, CNBC has learned.

www.cnbc.com

Trump administration prepares up to 100% pharmaceutical tariffs on some imported drugs

The Trump administration is preparing to impose new tariffs on drugmakers that have not struck deals with the president to lower their U.S. drug prices.
www.cnbc.com www.cnbc.com
 
ritholtz.com

Happy Liberation Day 1-Year Anniversary! - The Big Picture

It’s been exactly one year since the Liberation Day Tariffs were announced, implemented, challenged, and ultimately overturned at every level. They served as the foundation of the administration’s main economic policy. What has been the overall impact – economically, geopolitically, and on the...
ritholtz.com ritholtz.com
 

Have Trump's tariffs worked? This is where things stand a year after 'Liberation Day'​

A year ago, President Trump ordered double-digit tariffs on virtually everything the U.S. imports.

In a ceremony at the White House, he promised that jobs and factories would come "roaring back" to the country as a result, that consumer prices would fall and that April 2 would go down in history as "the day we began to make America wealthy again."

More:

 
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