February 23, 2026
Tariffs are out, says the Supreme Court.
Businesses and some Democratic leaders are asking the government to refund the tariffs to the businesses; the Democratic leaders are suggesting (merely suggesting) that the businesses refund them to their customers.
We all know that it’s an impossible tangle, and that customers aren’t likely to see a dime, even if the businesses do.
However: In addition to President’s Day sales, Easter Sales, Memorial Day sales, etc., some savvy business owners may decide to hold a Tariff Refund Sale.
And if it were just the renaming of a previously scheduled sale, they wouldn’t lose an unscheduled dime. They would, however, make consumers feel like they were getting a bit of tariff relief passed on to them.
So, go get ’em, Business Owners. Start planning your feel-good strategies now.
(Actually, if companies would check their records, they would know what dates they started passing the tariffs on to the consumers. They could say, "Bring in your receipts, and we'll refund the tariff."
Assuming that they got 100% of what they paid back.
That part is doubtful, but there are ways that they could provide some consumer refunds.)
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