Ha ha, that's a good one. I have yet to hear about reduced profits anywhere. Instead, as I said in another comment, I have actual physical receipts with the additional tariff cost (itemized!) in a pile on my workshop (which I'll never see refunded).
You could ask for a tariff refund from those suppliers.
The invoices give you slam dunk evidence that you paid that amount in tariffs, and the supreme court decision says the payment was illegally collected, so seems like an easy win for you.
As someone who prices and sells labor and material for a living, nobody ate increased tariffs. They were passed along to the ultimate consumer of the tariffed product. Everyone was facing the same tariffs so they’re all incentivized to pass the cost along, line iteming the tariffs on the invoice would make it abundantly clear. I passed along all increased costs with a note on my proposal that said “Any and all additional tariffs will be paid for by the customer.”
The Bottom Line: While the goal of a tariff is often to protect domestic industry, the immediate effect is almost always a "consumption tax" paid by the person at the end of the line: you.
> That's not how capitalism works.
and
That's not how tariffs work in a capitalist economy.
I then said that's not how tariffs work in a capitalist economy when you claimed consumers didn't get the costs passed down to them, which again, it sure as shit did.
I've said one single thing this entire time. The costs of these tariffs are paid for by me, you, and every other consumer, not the businesses, because capitalism, profits, shareholder value, ceo pay packages, whatever.
I've just had to say that one thing multiple different ways as you try to mental ninja me for no reason about facts. I don't care what you think, the Fact is, consumers eat the cost of tariffs with higher prices, which look around, is happening.
It doesn't need to be a perfect solution, you could just give everyone a flat refund similar to class action payouts.
One possibility would be for businesses to return the fraction of the tariff paid by customers to future customers by offering the items affected with a negative tax until the refund is used up.