There are already lawsuits filed for refunds of tariff payments. Of course the money will go to the companies that made the payments. All of us who actually paid them by paying more for basically every consumer good are out of luck.

Yeah of course, now the big importing companies get billions of dollars... oh you meant to the consumer, tough luck.

A trump never pays his debts

There's always the chance Costco gives its customers something. They have records of everything purchased by members. Every other company, I wouldn't hold my breath. These tariffs have cost companies a lot in paperwork as well.

Maybe commercial clients who have bought something really substantial will get something refunded.

That's all if Trump's government complies, which he's previously said it wouldn't. He'll make another excuse or appeal it until he's gone, making it someone else's problem.

So...

... yeah...

According to the Fed, as of early-mid Jan 2026, you're looking at $287 billion dollars of total Trump tariff revenue.

https://www.richmondfed.org/research/national_economy/macro_minute/2026/how_much_revenue_raised_by_tariffs_so_far

Also, over the last year, into this one, the Treasury has been massively expanding its General Account, which is functionally the checking account of the Federal Government.

Its around $900 billion right now.

Normally its more like several hundred billion, 200 b, 300 b.

Why is it so large right now?

Well, because the Treasury (Bessent) has decided to just massively shift as much of the Gov's debt refinancing as possible, over to... short term debt issuance, like, 1 Year T bills and even shorter duration notes.

Like uh, just a few days ago, the Gov issued (refinanced) around $212 billion of debt.

So yeah, we had a one day debt rollover that... rivals the entire size of the Treasury General Account basically pre-covid.

Every 5 days (business week), the US Gov is refinancing roughly $600 billion of debt.

... what I am trying to say is that even if the treasury were to somehow pay back around $300 billion of illegal tariff revenue...

Well, that would take a while.

Because the Treasury doesn't have the margin to do that.

... It could very well be the case that Fed would have to print money, to buy the T Bills, so the money in the TGA... could repay the ... tariffs.

That latest $212 billion rollover ?

The Fed had to print, poof into existence, $8 billion of it. And thats without the Fed Gov trying to add another $300 billion into... some... kind of... payment plan?

I don't know man, I'm an econometrician by training, but... to my knowledge nothing comparable to this has ever happened before.

This is not looking so good.

The cheque is in the mail.

Pay who back? All the citizens this administration fleeced?

If corporations are paid back they aren't going to give refunds to all of their costumers they directly forwarded these costs to.

We all got fucked. Trump fucked us, as well as his own supporters.

To some corporations I'm sure. Not to the consumers that actually paid the cost of them. A lot of corporations bought surplus before tariffs went into effect. Then they raised prices as if the Tariffs were affecting them instantly. Now some will surely get pay backs and double dip in the profits.

This has been and always will be a tax on the consumer and the working class. It is nothing but capital consolidation methods and class warfare. Those loyal to Trump get exclusions and profit from the Tariffs. Those that do not are hurt (all small business and some larger corps that don't play ball).

It is a means of solidifying loyalty to the fascist state.

Once again, corporations get an undeserved bailout while the American consumer gets shafted. Typical.

I hate that we call ourselves consumers and not citizens

Don't worry, it will trickle down.

Even better than that is all the shit that he implemented claiming that the tarrifs would pay for them aren't going anywhere

I wonder if post-refund if a class-action lawsuit gets opened. While lawyers would take a huge cut, at least some would make it to the population.

Not a serious country. Just a pedo haven for reality tv stars.

This was planned. Blitzkrieg policies are working as intended.

It's not really a matter of timing. If this ruling had come out a year ago, it's not like there were enforcers ready to go. As soon as Trump took over he made sure that nothing in the executive branch was going to stand in his way. And his toadies in the legislative branch have been rolling over for him since the inauguration.

It’s a good thing first and foremost because tariffs have been Trump’s #1 tool to bully other nations into bending to his will.

It's not all the tariffs, just the ones he justified using the 1977 Emergency Act. So of course, now he'll use another justification, and it'll take SC(R)OTUS another year to rule on those.

If this was the fastest they could rule an executive action unconstitutional, it's proof they need to adjust the process so they can do it faster.

Not that I think this Supreme Court is acting in good faith.

Incorrect.

Only a subset of tariffs were ruled illegal. Mostly because of the method they were declared with.

Others are, as of now, perfectly legal and will remain in place. And expect many of these to just be declared in a different manner to maintain them.

It's not the 6-3 ruling I expected at all. Was fully thinking would be 6-3 that it was okay for him to do it not saying he can't

Why? Lutnick's kid had a financial benefit in the tariffs getting overturned. The Epstein class helps each other

I'm not too worried about additional tariffs passing through congress, though. That would have been the safer approach to try from the beginning if Trump's people thought they could make it work. They opted for this workaround loophole nonsense specifically to go around congress because they had already ruled out the possibility of congressional approval.

I just don't think Trump could ever manage to get enough support from congress. Certainly not with how unpopular the tariffs currently are, and certainly not right before the midterms.

Any other ruling wouldn't have made sense. The issue was not about if tariffs are legal, but rather if the President has the authority to unilaterally set them.

That’s fine, sort of. Maybe we’re all just traumatized by violating constitution, checks and balances, the rule of law, but I’d welcome the improvement if they were evil legally

Art of the Deal (TM)

An illegal executive order isn't a crime, it just doesn't count.

This seems like a job for drumroll+horns CHUCK SHUMER & HAKEEM JEFFRIES

Dynamic duo of incompetence extraordinaire!

I'm not sure something like this would ever have resulted in an arrest? Even in other countries?

An impeachment and conviction and removal from office though should be in the cards, but obviously won't be.

There's only one way to find out: ask people what's in the article.

Justices Amy Coney Barrett and Neil Gorsuch joined with Roberts and the three liberal justices in the majority. Justices Clarence Thomas, Samuel Alito and Brett Kavanaugh dissented.

Thomas, Alito, and Kavanagh were the dissenters.

Yep.

Truly setting a new record for being on the wrong side of history 100% of the time.