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Pic Of The Moment: President Holds Press Conference After SCOTUS Rules His Tariffs Unconstitutional (Original Post) EarlG 10 hrs ago OP
Perfect niyad 10 hrs ago #1
I hope the Supreme Court has a plan for all of us to be compensated FakeNoose 10 hrs ago #2
IS THERE A PRECEDENT FOR THESE REFUNDS? quaint 10 hrs ago #3
Yes JustAnotherGen 2 hrs ago #20
Tariff Ruling Kicks Off Messy Fight Over $170 Billion in Refunds LetMyPeopleVote 10 hrs ago #5
It'll be a perfect opportunity for tRump..... SergeStorms 6 hrs ago #15
I'm going to do an OP tomorrow JustAnotherGen 2 hrs ago #19
trump was totally unhinged at part of the press conference that I watched LetMyPeopleVote 10 hrs ago #4
He'll fire them all..... SergeStorms 6 hrs ago #16
I watched it all. It was bizarre - even for Trump. TomSlick 6 hrs ago #17
... BumRushDaShow 10 hrs ago #6
Quick! Hide all the ketchup bottles at Mar-A-Shithole now! Initech 10 hrs ago #7
The are evacuating as we speak BumRushDaShow 9 hrs ago #9
LMAO!!! Initech 9 hrs ago #10
This might be my favorite gif. Multichromatic 2 hrs ago #18
He is insane and beyond dangerous. OGBuzz 10 hrs ago #8
The snow should be as yellow as that bucket RainCaster 9 hrs ago #11
That's a great picture ornotna 9 hrs ago #12
SNL will need to increase their show time by an hour. That sums up the speech. twodogsbarking 9 hrs ago #13
I have to say that is a wonderful picture of a snow person! mysteryowl 6 hrs ago #14
He's so utterly pathetic spanone 2 hrs ago #21
Who makes out ? James48 2 hrs ago #22

FakeNoose

(41,010 posts)
2. I hope the Supreme Court has a plan for all of us to be compensated
Fri Feb 20, 2026, 01:52 PM
10 hrs ago

Last edited Fri Feb 20, 2026, 06:57 PM - Edit history (1)

We Americans have been charged ridiculously high prices for the last year, even though NONE of us supported the idea of tariffs to foregin manufacturers.

Asking for a country....

quaint

(4,861 posts)
3. IS THERE A PRECEDENT FOR THESE REFUNDS?
Fri Feb 20, 2026, 01:55 PM
10 hrs ago

The Court of International Trade has overseen large-scale refunds before. Congress enacted a harbor maintenance tax in 1986 that was assessed on the value of all cargo into and out of U.S. ports. The Supreme Court ruled part of the tax was unconstitutional in 1998. The Court of International Trade oversaw a refund process involving more than 100,000 claimants that was managed by Judge Jane Restani, who remains on the court.

Trade experts said the government has tracked tariff payments and improved recordkeeping systems that should make it easier to determine the size of refunds. Small businesses have called on the Trump administration to issue automatic repayments and have expressed concern that the government might scrutinize entry paperwork in a way that slows the refund process.

How will companies get refunds now that the US Supreme Court has rejected Trump's tariffs?

JustAnotherGen

(37,858 posts)
20. Yes
Fri Feb 20, 2026, 09:58 PM
2 hrs ago

I already have mine prepared. We went through this Donald's first time in office with the 301 (China Tariffs). In that case specific hts us codes were given time specific exclusions and retroactive refunds.

If the trade compliance officer is managing the work product correctly - the request for refund is simple.

LetMyPeopleVote

(177,573 posts)
5. Tariff Ruling Kicks Off Messy Fight Over $170 Billion in Refunds
Fri Feb 20, 2026, 02:13 PM
10 hrs ago

This is from Kavanaugh's dissent


Back in August I posted following about tariff refunds.
https://www.democraticunderground.com/100220596612
There is going to be a messy fight over tariff refunds



https://news.bloomberglaw.com/international-trade/tariff-ruling-kicks-off-messy-fight-over-170-billion-in-refunds

Tariff refunds for companies that paid tens of billions were left unresolved by the Supreme Court, which ruled on Friday that President Donald Trump didn’t have legal authority to impose the duties under an emergency law.

The ruling will kick off what could be a prolonged battle for importers and retailers to try to recoup as much as $170 billion in tariffs they’ve already paid to the US government.

Among the major questions left unanswered for US importers are the prospects and the process for recouping the money the government collected over the past year under the International Emergency Economic Powers Act. The vote was 6-3 against the Trump administration, with Justice Brett Kavanaugh writing in dissent.

“The court says nothing today about whether, and if so how, the government should go about returning the billions of dollars that it has collected from importers,” Kavanaugh wrote. “But that process is likely to be a ‘mess,’ as was acknowledged” during the court’s oral arguments in November.

US Customs and Border Protection so far has collected an estimated $170 billion in tariffs imposed by Trump using the International Emergency Economic Powers Act, the law at the center of the case, as of Dec. 14.

The court ruled that using IEEPA to impose tariffs wasn’t lawful, but the justices didn’t address whether importers are entitled to refunds, leaving it to a lower court to sort out those issues. The litigation will return to the US Court of International Trade for the next round of legal wrangling.....

While waiting for the justices to rule, more than 1,500 companies have filed their own tariff lawsuits in the trade court to put themselves in line for tariff refunds, according to a Bloomberg analysis.

The trade court in recent months has pressed the Justice Department for at least a hint of how it plans to handle the refund issue if it lost at the Supreme Court.

In written submissions, government lawyers have said that the administration won’t fight the court’s authority to order officials to recalculate tariffs, but left open the possibility that it might try to limit which importers are eligible.

I have seen reports of people selling claims for tariff refunds.

SergeStorms

(20,283 posts)
15. It'll be a perfect opportunity for tRump.....
Fri Feb 20, 2026, 05:35 PM
6 hrs ago

to brag to the American people about his deficit cutting prowess (if no one looks at his tax cuts for the wealthy and corporations).

The MAGAts will believe anything he tells them, so it's sure to work.

JustAnotherGen

(37,858 posts)
19. I'm going to do an OP tomorrow
Fri Feb 20, 2026, 09:53 PM
2 hrs ago

Breaking down how it all works..

But the Cantor thing is correct.

100k in Tarrifs.

They *bought* the entry and gave the Importer of Record $75K.

Refund - Cantor can request the refund full amount. They pocket the entire amount.

This is where Lutnick enters the chat. Look where his sons work and the *product* they created its them. IOR's are getting their refunds.

SergeStorms

(20,283 posts)
16. He'll fire them all.....
Fri Feb 20, 2026, 05:44 PM
6 hrs ago

and replace them with Don Jr., Eric, Barron, Ivanka, Tiffany, Lara, Bondi, Melania, and his pool boy.

I still think he might have problems with a few of them.

TomSlick

(12,952 posts)
17. I watched it all. It was bizarre - even for Trump.
Fri Feb 20, 2026, 06:24 PM
6 hrs ago

In addition to questioning the intelligence of the six justices in the majority - a very Trumpian thing to do - he said they were unpatriotic or disloyal and under the sway of foreign influence.

Trump will find himself before SCOTUS again. I am sure the justices are more mature than I but I'd be pissed.

OGBuzz

(145 posts)
8. He is insane and beyond dangerous.
Fri Feb 20, 2026, 02:24 PM
10 hrs ago

"I can destroy a country, but I can't charge one dollar".

mysteryowl

(8,992 posts)
14. I have to say that is a wonderful picture of a snow person!
Fri Feb 20, 2026, 05:35 PM
6 hrs ago

I am guessing about 4 years old is the craftier of that.





James48

(5,146 posts)
22. Who makes out ?
Fri Feb 20, 2026, 10:07 PM
2 hrs ago

See the Talking Points Memo- it turns out Commerce Secretary Howard Lutnick’s son is now running
The major corporation Cantor Fitzgerald, and already BOUGHT the returned tariff funds obligations from corporations at .20 cents on the dollar. He’s making huge sums from ff the ruling.

https://talkingpointsmemo.com/edblog/lutnick-family-angling-to-make-astronomical-sums-off-court-nixing-tariffs

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