Donald Trump on Tuesday told CNBC that he will gratefully “remember” U.S. companies that do not seek refunds for the tariffs he unilaterally imposed, which the Supreme Court later ruled were illegal.

Trump’s comment on “Squawk Box” came a day after U.S. Customs and Border Protection opened a portal for importers to seek more than $160 billion in potential refunds for the so-called IEEPA tariffs.

He was asked about a number of large companies, among them Apple and Amazon, that have not filed requests for refunds for the tariffs they paid, potentially because they are worried about “offending” Trump.

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[–] 184 points 6 months ago (8 children)

According to his tests, he can only remember four words.

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  • [–] 172 points 6 months ago (17 children)

    The tariffs WE PAID. Those fucking companies jacked up prices to cover them. Now our tax money is going to pay them again.

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  • [–] 13 points 6 months ago (8 children)

    I think I'm with the companies here, which feels weird to say. The Trump admin imposed these ridiculous tariffs, which the companies had to pay. Makes no sense for them to lose money on the products they sell, so of course they raised prices, which we all said they would have to when the tariffs were imposed. Meanwhile, the administration pocketed the money. Then the tariffs were ruled to have been illegal.

    So yes, I want the companies to go after the money that the administration illegally bilked them (and, indirectly, us) out of. I hope they figure out ways to pass the recovered money back to customers; Costco has said it will use the money to lower prices. But it's actually more important to me that the administration not get away with the illegal tariffs.

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  • [–] 22 points 6 months ago (5 children)

    Product sells for $10. After tariffs of $2 it sells for $14.

    You pay $2 tariff and $2 convenient price hike. Company makes $2 for hiking price more than value of tariff.

    Company requests refund for $2, company made $4 total.

    You paid $4 extra total, which the company made. It's a completely standard transaction, money from your packet to company's. And more tax money will be wasted for the costs of processing the refunds.

    Company brings price down to $12, you're still overpaying, and are you necessarily buying that product again?

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  • [–] 4 points 6 months ago (4 children)

    I'm sure some companies did that, but do you have data suggesting that was a widespread practice? Because what I read was that lots and lots of companies tried to stock up on materials before the tariffs went into effect, so they wouldn't have to raise prices, and then many just ate the extra cost for a while - hoping the tariffs would be short lived - because they knew they would lose customers, before ultimately raising prices to cover. Many companies did lose money on the deal, according to what was reported.

    But I'll read whatever you have from a reputable source.

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  • [–] 2 points 6 months ago

    Back in 2018, there was already evidence companies were using tariffs as cover to jack prices up beyond the tariff itself. An AEA study found washing machine prices went up almost 12%, and dryers went up about the same amount even though dryers were not tariffed. Once you include dryers and domestic brands too, prices rose by more than the tariff alone would explain.

    https://www.aeaweb.org/articles?id=10.1257%2Faer.20190611

    And this is not just old news. In a 2025 New York Fed survey, about three quarters of firms said they passed tariff costs on to customers, and some said they also raised prices on goods that were not even tariffed. The Fed’s Beige Book flat out said some of the price hikes were not just from tariffs or higher costs, but from “opportunism.”

    https://www.reuters.com/world/us/ny-fed-survey-last-month-most-firms-passed-some-tariff-surge-2025-06-04/

    By 2026, the Fed was saying pass-through was basically complete. One Federal Reserve note found the tariffs put in place through November 2025 had raised core goods prices by 3.1% by February 2026. Another found both imported goods and domestic goods got more expensive after the 2025 tariff announcements.

    https://www.federalreserve.gov/econres/notes/feds-notes/the-slow-climb-how-tariffs-gradually-raised-retail-prices-in-2025-20260305.html

    https://www.federalreserve.gov/econres/notes/feds-notes/detecting-tariff-effects-on-consumer-prices-in-real-time-part-II-20260408.html

    And of course, once prices go up, companies are not eager to bring them back down. Reuters reported in February 2026 that businesses were unlikely to lower prices even after tariff relief, and were more likely to use that relief to offset other costs and chase refunds instead.

    https://www.reuters.com/world/us/dont-bet-on-lower-prices-businesses-say-even-after-emergency-trump-tariffs-were-2026-02-24/

    I know of some companies that didn't raise prices or only raised them a small amount, but all the ones I heard of were mostly small companies making specialized products and depended on the loyalty of their customers.

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  • [–] 1 point 6 months ago (2 children)

    No. They stocked up on the product BEFORE the tariff and then raised the prices to match the upcoming costs. Ask anyone in actual retail management (not middle managers but those that buy the products and set the prices).

    Any company that sold their current stock at the old price was making a rookie mistake. That's like resale 101. You can't possibly sell products for less than what it costs to replace them. If they were doing that they don't deserve to get any money back because they don't understand how to use it.

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  • [–] 1 point 6 months ago (1 child)

    If they're able to have a lower price than their competitors, they can take so of the sales, unless they're illegally price fixing, which some likely did.

    You're still saying a lot of things as absolute fact without any citation. Do you have a source for any of this?

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  • [–] 1 point 6 months ago

    Decades of sales experience. Retail management during COVID price hikes.

    I saw this first hand. I don't need to read reports because I lived it.

    But sure. Show me all the great companies that tried to keep prices low, to what, be nice to the consumer?

    That ain't how things work.

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  • [–] 3 points 6 months ago* (1 child)

    Meanwhile, the administration pocketed the money.

    I mean, sort of, but not really. The money went into the Federal budget, and even if some of it did get embezzled by Trump cronies, the money that comes back isn't going to come back out of their pockets.

    If the embezzlement happened, that's a separate, additional crime on top of issuing the illegal tariffs themselves.

    But it’s actually more important to me that the administration not get away with the illegal tariffs.

    Then the only correct solution is prison (or worse) for the officials involved. Making the Federal government (i.e., we, the people) pay back the illegal tariffs does fuck-all to punish the corrupt officials responsible.

    I'm not saying the illegal tariffs shouldn't be refunded, I'm just saying it isn't the punishment you're looking for.

    (Oh, by the way: the next step in your recap of the situation is going to be "the Federal government raises taxes to cover the 'shortfall' caused by refunding the illegal tariffs." I haven't heard anything about it yet, but you'll see. We, the people will be left holding the bag again.)

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  • [–] 7 points 6 months ago (2 children)

    Stop buying shit from these companies

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  • [–] 90 points 6 months ago (4 children)

    Isn't that a threat a mob boss in the movies would say?

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  • [–] 52 points 6 months ago (3 children)

    He has 4 modes: mob boss cliche, bigotted old asshole, self aggrandizing liar, and demented confused fool. They are not all distinct and he does like to mix and match. But they are all equally pathetic.

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  • [–] 15 points 6 months ago (1 child)

    There is a fifth mode: smitten with someone who put him in his place. Xi, Putin, hell even Mamdani

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  • [–] 7 points 6 months ago* (last edited 6 months ago)

    That's just the cross between the self aggrandizing liar and the demented confused fool. Tell him he's great and he'll do whatever you want because he's a narcissist and an idiot, so he completely believes them

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  • [–] 55 points 6 months ago* (3 children)

    I wake up every day hoping for good news... You know the news I mean... Every fucking day.

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  • [–] 46 points 6 months ago (1 child)
  • [–] 9 points 6 months ago

    Too bad he didn't have a stroke while the neighborhood was blocked with cars due to filming.

    Mean I hate wishing ill will on anyone but there's a few exceptions that I think is morally fine as long as I don't take any action and just wish really hard. Like many people that pray.

    Few people have erroded our social norms like that douche. While I thought they were stuffy before it's like he dropped his pants and took a shit at the table before his first bite then calls you crazy for being offended.

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  • [–] 41 points 6 months ago (6 children)

    No he won't, he can't even remember what he had for breakfast this morning.

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  • [–] 10 points 6 months ago (5 children)

    That'd be easy to remember, it was a big Mac. Same as last night's supper, second breakfast, dinner, the afternoon treat etc etc etc

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  • [–] 37 points 6 months ago (2 children)

    He can't even remember all the children he raped.

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  • [–] 32 points 6 months ago (1 child)

    He? Remember? He probably has forgotten what he had for breakfast when he left the room.

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  • [–] 11 points 6 months ago

    Came here to say this. But then realised it wouldn't matter because he would just lie about it if asked anyway 😂 "I had breakfast, it was the best breakfast. It broke records for how fast and everyone complimented me about it."

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  • [–] 28 points 6 months ago

    American Presidency being run like the mafia.

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  • [–] 28 points 6 months ago

    He can’t remember the start of the sentence he’s actively speaking, his memory will play no structural role in any of his future retaliations.

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  • [–] 20 points 6 months ago

    This motherfucker can only remember what someone told him 3 seconds ago.

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  • [–] 19 points 6 months ago (1 child)

    He doesn't even remember how to control any of his sphincters

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    [–] 18 points 6 months ago (1 child)

    He can't remember the names of people he just talked to.

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  • [–] 18 points 6 months ago

    With any luck American voters will also remember, since they are the ones who paid for the fucking things.

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  • [–] 17 points 6 months ago (1 child)

    Just like he remembers the Afghans that helped fight with US soldiers now at risk of being deported to the Congo?

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  • [+] 34 points 6 months ago (3 children)
  • [–] 3 points 6 months ago (1 child)

    Big company guy here. I have no involvement in tariffs, but I suspect:

    • no one team paid the tariffs
    • tariff related expenses were not consistently cataloged
    • no one team has an "official company tariff refunder" role and no one wants the tedious one-time responsibility

    Big company = big bureaucracy. Theres probably an intern somewhere combing through hundreds of thousands of documents labeled "tax" and trying to guess what is a border tariff, while their leader feeds the same document into ChatGPT and says "ChatGPT says we're owed 5 quintillion dollars, can you validate that?"

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  • [+] 2 points 6 months ago (1 child)
  • [–] 1 point 6 months ago

    IE if it is imported their going to pay a tariff on that

    Only when big company is the importer of record.

    There are probably many tariffs paid to 3rd parties just like me paying UPS for a package shipped overseas, which just like me, big company can't claim. Unlike me, however, big company is probably gearing up to send the lawyers to UPS/FedEx instead of Washington, because that's who is getting some of their tariff dollars.

    So it wouldn't be hard to figure out

    You'd be amazed how hard it is to figure something like that out. Hundreds or even thousands of people inputting data means nothing is filed correctly. The total costs are tracked closely because banks, but the below the line tariff amount could be buried in a phone camera photo of a receipt on someone's computer screen.

    Best case scenario you can filter directly for payments made to the government, but even that is prone to failure if they use a separate payment processor (e.g., for things paid via credit card).

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  • [–] 16 points 6 months ago

    As will the stock holders of company whose executives do not perform their basic fiduciary responsibilities.

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  • [–] 16 points 6 months ago (1 child)

    More implicit mob boss threats from orange cosplay.

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  • [–] 15 points 6 months ago

    No he won't. Statements like this have all been bullshit and everyone in the business world knows it.

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  • [–] 14 points 6 months ago (1 child)

    Corporations who aren't going to want to get their free money back? Trump really is a fucking idiot.

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  • [–] 14 points 6 months ago

    Oh I do actually believe he really will remember them. For several seconds, possibly even over 15 seconds!

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  • [–] 13 points 6 months ago

    remember them as chumps

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  • [–] 13 points 6 months ago

    The companies in question: Person llc, Woman Inc, Man Co, and Camera and TV inc.

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  • [–] 12 points 6 months ago

    Fuck that! We remember what you said and continue to say about Canada ,you entitled, dirtbag shit stain. The level of arrogance makes me want to puke. Pay it all back you cunt!!!

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  • [–] 10 points 6 months ago (1 child)

    This isn't a threat. I'm surprised Trump can remember to smear his tangerine paste on every morning.

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  • [–] 9 points 6 months ago

    Will he though.

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  • [–] 9 points 6 months ago (4 children)

    He's lucky if he remembers what he had for breakfast at this point.

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  • [–] 8 points 6 months ago (2 children)

    He can't even remember to empty his diapie

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  • [–] 8 points 6 months ago

    Well there's a hollow threat.

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  • [–] 8 points 6 months ago (4 children)

    He won't remember anything, he's too fucking stupid.

    WE, however, are going to remember EVERYTHING, and he is going to pay for every crime he has committed. Either he will, or those elected leaders who won't punish him will pay, and THEN Trump will pay.

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  • [–] 2 points 6 months ago (1 child)

    Trump is not getting what he deserves. He's old and feeble. He got away with it.

    But his cronies should be made to pay.

    Most-importantly, any military officers who followed illegal orders should be court-martialed and jailed to neuter future despots by removing future military backing.

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  • [–] 1 point 6 months ago

    No, he's not getting away with it. Tyrants are going to prison across the world these days, and the entire planet knows that nobody deserves it more than Trump.

    I don't care how old, feeble, and demented he is, he is going to prison, and most, of not all, of his fortune will be confiscated. I will dedicate the rest of my life to seeing that this happens, and I KNOW that I will not be alone.

    Trump will go to jail, or politicians will lose their careers, and possibly their freedom for theiralfeadance.

    This is non-negotiable.

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  • [–] 2 points 6 months ago (1 child)

    WE, however, are going to remember EVERYTHING, and he is going to pay for every crime he has committed.

    LOL. Hilarious. Like he paid for the 34 felony convictions?

    When exactly is the last time a US President paid for any crime they committed? Ever?

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  • [–] 1 point 6 months ago

    That was then, this is now. He better go to prison, for his own good, or his life will be very short. And any politician who does not enthusiastically pursue justice for Trump will have their careers cut short.

    Trump will go to prison. This is non-negotiable.

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  • [–] 8 points 6 months ago (1 child)

    The same guy who can’t remember he was president a year ago is going to remember all the companies that don’t seek a refund? That’s hilarious.

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    [–] 7 points 6 months ago

    I would immediately ask him what he had for breakfast yesterday if he said that to me.

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  • [–] 7 points 6 months ago

    Demented pedo Trump can't remember shit.

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  • [–] 7 points 6 months ago

    Trump can't remember what he had for dinner. Eldery with dementia can't remember new shit.

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  • [–] 7 points 6 months ago

    Bet, somehow, doesn't remember shit

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  • [–] 6 points 6 months ago (3 children)

    he could refresh his memory of if he ate corn last week by checking his pants

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  • [–] 6 points 6 months ago*

    It's not as much "remember" as if a company wants a favor from him, they can point out they didn't seek tariff refunds and he MIGHT do it.

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