Consumers are Paying the True Costs of Tariffs
Over 90% of President Trumps tariffs have been paid by U.S. consumers.
In the flurry of his executive orders, press conferences, threats, and concessions, the New York Fed said what we all knew to be true: its American consumers who are getting the short end of the stick in these silly trade wars.
Right after the Supreme Court ruled against his ability to unilaterally impose tariffs, he vowed to simply use a different mechanism to do the same thing and he immediately announced a 10% global tariff, followed very quickly by increasing it to 15%.
Folks, Trump looks like a clown. And our economic standing in the world is laughable.
https://onecountryproject.substack.com/p/consumers-are-paying-the-true-costs
Skittles
(171,556 posts)both of them fuck the consumers
Norrrm
(4,942 posts)LetMyPeopleVote
(179,378 posts)Judge Richard Eaton of the relatively obscure Court of International Trade appears to be holding the administration accountable after the Supreme Court struck down the presidents tariffs.
Link to tweet
https://www.ms.now/opinion/trump-tariff-judge-supreme-court
While Trump administration officials may have believed they could tie the case up in the courts for months, even years, Eaton has different thoughts about how, and when, to refund those who paid these illegal tariffs, and he has laid it all out in two opinions spanning no more than six pages of text combined.
At a time when lawyers and judges gravitate toward complex reasoning, obscuring jargon and legal briefs and opinions that seemingly go on forever, Eaton has taught a masterclass in simple, concise and clear language. What this straightforward approach has done is not only made it patently clear what the administrations legal obligations are, he has left little wiggle room for the administration to avoid reparations.
Eaton, a 77-year-old jurist who once served as a village justice in rural upstate New York, has taken the reins of this sprawling, high-stakes legal battle. In the case of Atmus Filtration, Inc. v. United States, the plaintiff is seeking an immediate refund of the payments it made under the illegal tariff scheme. Eatons first opinion in the case is a model of judicial brevity and clarity. And he has also shown no patience for bureaucratic stonewalling.
The first decision was issued on March 4, 2026. Importers across the country may have been bracing for a convoluted, multiyear slog to get their money back, but Eaton quickly eased those fears. In a simple, three-page order, he directed Customs and Border Protection to refund the illegal tariffs paid by American companies......
When it too often seems like the legal system is paralyzed by procedural gamesmanship and judicial opinions frequently span hundreds of pages, and sometimes constitute tales of sound and fury signifying little, Eatons approach is a breath of fresh air. His rulings demonstrate that the most effective jurisprudence is often the most direct. He saw a problem billions of dollars in illegally collected taxes and an administration reluctant to return them and he used his courts unique jurisdictional power to solve it.
He didnt write for the history books, even as he made history; he wrote to get American businesses their money back and to protect American taxpayers from footing a multibillion-dollar interest bill.
The Constitution requires that tariffs be lawful, and the Supreme Court has confirmed that these were not. But rights without remedies are meaningless. Thanks to the brevity, clarity and undeniable courage of a seasoned judge in lower Manhattan, who no doubt has seen his share of litigant mischief in his court for decades, the rule of law is being enforced in as straightforward and efficient a manner as possible.
In a world where the courts must serve as a significant check on abuses of power, particularly executive power, we need more judges like Eaton: those with the courage, and the willingness, to, in the words of Chief Justice John Marshall from over 200 years ago, say what the law is and to do so in a concise, fair, clear and accessible manner.
trump was hoping to delay the repayment of these illegal tariffs for a long time. This judge had rejected trump's attempts and importers will be seeing refunds sooner than trump wanted