They signed trade deals under tariffs threat. It would seem sensible for other countries to want to now renegotiate the deals for more favorable terms. So of course Trump feels vulnerable and weak and must rattle his saber and make threats in hopes no one takes advantage of him.
Most of the U.S. tariffs were ruled illegal, so they have to be removed. That alone already makes trade terms more favorable for other countries. If anything, the U.S. should pursue reciprocal tariff reductions from them. Renegotiation may well be in order. However, other countries might be less inclined to reopen talks now that they’re already benefiting from the ruling. Much depends on what other concessions were built into those agreements. It seems reckless to treat this as a blanket “don’t change anything” situation when a major portion of the tariff structure has been invalidated. A structural shift like that logically calls for reassessment, not automatic status quo. But then, who's doing the homework lol. SMDH, what a mess.
Small and medium businesses already went through the "shock" of tariff tantrums. If they survived, they are about to face another "shock." (not as devasting, but still a mess; chaos is a killer) Big businesses, some of whom were able to withstand the chaos even as costs went up, managed to take advantage of it as smaller ones "died" off due to the shock. They also have room to maneuver, such as pausing hiring or cutting part of their labor force to maintain stock prices. Not all could absorb the shock, though, so some did suffer as well. But at the end of the day, consumers lose, small and medium businesses lose, and employees lose. Big business likely won.
Serious question that maybe someone on here can answer. I saw the other day after the tariffs were repealed and declared illegal, that many large companies are suing to recover lost funds. My question is, if the tariffs were paid for by the people that purchased products and the cost was passed onto the consumer. Why is it that we are not getting refunds. I have purchased some higher end appliances and I know the tariff prices got passed along to me. Why do the corporations get the money from tariffs that were passed to all of us? I suspect they ate some cost on this to keep prices from going nuts but we paid as well
It is because legally the company paid the tariff, not you. Then you paid a higher price to the company. They could, if they chose, pass through a tariff refund to their customers, but they are under no obligation to do so (just as they were under no obligation to raise prices in order to cover tariffs).
Retail customers file lawsuits over tariffs against FedEx and Ray-Bans maker retail customers pursuing tariff-related refunds have filed proposed class-action lawsuits in U.S. courts against companies that also sued to recoup costs from the import taxes the U.S. Supreme Court ruled President Donald Trump imposed without the legal authority to do so.
on Wed, 4 Mar 2026, Judge ordered Trump administration to start issuing more than $130 billion in tariff refunds Judge Richard Eaton of the U.S. Court of International Trade wrote that “all importers of record’’ were “entitled to benefit’’ from the Supreme Court ruling that struck down sweeping double-digit import taxes President Donald Trump imposed last year under the 1977 International Emergency Economic Powers Act (IEEPA). In his ruling, Eaton wrote that he alone “will hear cases pertaining to the refund of IEEPA duties.’’ The ruling offers some clarity about the tariff refund process, something the Supreme Court did not even mention in its Feb. 20 decision. Trade lawyer Ryan Majerus, a partner at King & Spalding and a former U.S. trade official, said he expects the government to appeal or “seek a stay to buy more time for U.S. Customs to comply.″
It's a mess because someone decided to act so reckless. The Customs agency just reported it collected about $166 billion from the emergency tariffs imposed under the IEEPA, which the Supreme Court ruled were illegal because that law does not actually give the president authority to impose tariffs. Right now there are about 20.1 million import entries that are still "unliquidated," meaning the final duty calculation has not been finalized yet. For those, Customs could remove the tariff and issue refunds. But Customs told the court it cannot comply with the judge’s order to start processing refunds yet. Not necessarily refusal (at least for now), but that the agency does not currently have a workable system or procedure to unwind something this large. We are talking about $166B+ in tariffs and over 20 million import records. The courts will probably force the government to come up with a refund process, but realistically this could take months or years and will involve a lot of litigation. (and yes, the trillion in collected tariff was a lie)
yet another self-inflicted wound by Trump 2.0 The Treasury may need to borrow an extra $1.6 trillion to cover the hole left by tariff ruling and pay a further $400 billion in debt interest The White House had been relying on the circa $300 billion-a-year in revenues to help fund a raft of policies, from tariff rebate checks to corporate tax writeoffs in the One Big Beautiful Bill Act.
almost one year after Trump's liberation day, the intended target of Trump 2.0's tariffs has reaped the most benefit China’s exports soared 22% China’s export boom in 2025 generated a record US$1.2 trillion trade surplus. despite the tariff war with the US, helping the economy overcome a domestic slowdown. China in 2025 relied on outbound shipments to drive the economy, with net exports contributing almost a third to the overall expansion in gross domestic product – the most in decades. China’s export growth accelerated far faster than expected in the first two months of 2026, putting shipments on a record path
