Judge rules that the administration has to give it back by March 12. That’s not too far away. You know, of course, that they’ll appeal. But considering who struck this down in the first place, they may not be able to appeal. Wouldn’t that be lovely? Give it back *and* cannot appeal. Thank you, The Hill via Raw Story:
A judge has ruled on a firm date for Donald Trump’s administration to refund companies affected by tariffs shot down last month by the Supreme Court. Judge Richard Eaton of the U.S. Court of International Trade says the president’s team must issue an update on the processing of refunds by March 12. A further processing deadline is set for April 20, The Hill reported.
An immediate compliance order has also been issued by Eaton, who says taxpayers will feel the burden by the end of the year should the admin not fulfil its refund obligations. Eaton said, “These duties must now be refunded with interest, and the clock is ticking. Further interest is accumulating every day, with approximately $650 million accruing per month.
Heh. As if we don’t already feel the burden. There aren’t going to be any refunds coming *our* way. But it’s nice for the companies, who won’t bring their prices back down, either. It’s tiring to always get the (very) short end of the stick. It’s frustrating that they *always* forget the *people* behind the products and the ads.
“If the entries are not liquidated before the end of the year, it is further estimated that $10 billion of interest will have accrued. American taxpayers will bear this financial burden.” Though a deadline has been set by Judge Eaton, officials believe the 45-day crunch is not long enough to process the immediate compliance as there would be more than 50 million affected entries needing a check. Brandon Lord, a trade official at the CBP, said, “CBP estimates that the automated controls described above will save CBP over 4 million hours compared with the manual processes it would otherwise have to complete.”
The ‘president’ and the ‘cabinet’ simply cannot, and will not even try to, understand what the people of America are going through. The time saved means people will likely lose hours of work. It’s hard enough to get a job as it is! If he hadn’t done the damn tariffs in the first place, so much would be different now. But he did, and now he has to give them back, and the people are screwed either way.
More than 2,000 companies filed lawsuits against the Trump administration following the continued use of an economic plan that has leaked billions of dollars out of thousands of companies. Eaton “also questioned why the government was continuing to do so after the Supreme Court ruled the tariffs illegal.
Eaton also ordered officials to recalculate certain duties that had passed that step of the customs process, removing Trump’s contested tariffs.” The Supreme Court ruled that Trump does not have authority under the International Emergency Economic Powers Act to issue tariffs, blowing up the entire foundation for Trump having imposed them without Congress.
It had occurred to me that I wasn’t sure why he had started the damn things in the first place. Google is your friend. Trump gave a whole bunch of nebulous reasons. They worked out just like we knew they would. Money in “his” pocket, placing the burden on us. You remember the temper tantrum when SCOTUS said STOP. NOW. Of course, he didn’t stop. This was also not a surprise. The Supreme Court saying stop *was* one helluva surprise. They’ll probably turn around and decide something in his favor that’s going to make our situation worse. Isn’t that always the way?
See you soon!
Friends, I know everyone begs you for money. I promise that among all those asking for spare change, we are the smallest and the hardest-working. We’re a group of old, disabled people, except for one writer in his mid-50s. The rest of us are in our sixties and seventies, and this is a labor of love. All we’re asking for is the chance to keep telling the truth about Trump and help ensure democracy survives. If you can help, please do. Thank you. Ursula
The money has been spent on luxury airplanes for Noem and Ice, for Krash to go to the olympics, for gold plated trash to hang in the oval office, and for the bogus “not war” with Iran. So much grift, waste and outright theft.
That’s an understatement and I agree!
If our Mad King hadn’t illegally raised tariffs in the first place, he wouldn’t have to marshal the troops to give the money back. REFUNDS NOW!! REFUNDS NOW!!
Don’t I wish. Don’t *we* wish?