"On average, American families have each spent about $1,744.75 on tariffs. It's a lot of money they're not getting back."
"Manufacturing failed to grow. Of the 90 deals in 90 days we were promised, we got zero. Most countries hold us in remarkably lower esteem today."
The U.S. government has started refunding illegal tariffs from the Trump administration, but only businesses that paid directly can apply. Many small businesses lack the resources to file claims, while others sold their refund rights to hedge funds. Consequently, American families have collectively spent approximately $1,744.75 on tariffs without receiving refunds. The tariffs have negatively affected businesses reliant on imported goods, and the anticipated benefits, such as increased government revenue and trade leverage, have not materialized.
Read at Slate Magazine
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