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Re:Wyze pays $255k of tariffs on $167k of floodlights by herbst on Thursday May 01, 2025 @04:22AM (#43854963)
> Secondly the money isn't lost, it goes to the state. Like a tax, but it is called differently. With this 255k more the state can now subsidise the local floodlight industry.

Is that what is planned? The US has a lot of dept internationally I assumed the additional money goes into paying that back, or at least stabilize the dollar somehow

Re:Wyze pays $255k of tariffs on $167k of floodlights by lurkshark on Thursday May 01, 2025 @05:09AM (#43855260)
During the last Trump trade war with China, there was about $28B paid out to American farmers as “Market Facilitation Payments”. So basically the taxes collected from our own tariffs went to subsidizing the impact of retaliatory tariffs. The whole thing is pretty dumb.