A U.S. tariff program sold as a windfall for American taxpayers has been ruled illegal... and now the refund meter is running at roughly $700 million a month.
The $175 billion tariff boomerang proves the point. Consumers already paid through higher prices. Now taxpayers cover the refunds and interest. I checked StatsCan for Canada. One-quarter of businesses passed those extra tariff costs to customers. Trade fights like this always end up in our wallets too. https://www150.statcan.gc.ca/n1/pub/11-631-x/11-631-x2025004-eng.htm
It took me all the way to chart # 10 to confirm that you are saying Canadian consumers have paid for price increases from Canada's counter-tariffs. I'm happy Carney was clever enough to drop them and disguise the act as "being fair to the U.S" rather than admit that they never should have been there in the first place. There's very little to be gained by mimicking someone else's mistake.
It’s more obvious all the time how Trump bankrupted multiple casinos, he’s financially ignorant and happy to stay that way. Where is Congress to stop the insanity??
The $175 billion tariff boomerang proves the point. Consumers already paid through higher prices. Now taxpayers cover the refunds and interest. I checked StatsCan for Canada. One-quarter of businesses passed those extra tariff costs to customers. Trade fights like this always end up in our wallets too. https://www150.statcan.gc.ca/n1/pub/11-631-x/11-631-x2025004-eng.htm
You’re right about where the cost ultimately lands.
Tariffs sound simple politically... “make the other guy pay”... but the mechanics are different.
Once the duties hit the border, businesses have to decide whether to absorb the cost or pass it along.
A lot of the time it ends up in retail prices somewhere down the chain.
The StatCan data you linked lines up with that reality.
Trade disputes rarely stay inside government spreadsheets... they ripple through supply chains and eventually show up in people’s wallets.
That’s the part that often gets lost in the political messaging (the lies).
It took me all the way to chart # 10 to confirm that you are saying Canadian consumers have paid for price increases from Canada's counter-tariffs. I'm happy Carney was clever enough to drop them and disguise the act as "being fair to the U.S" rather than admit that they never should have been there in the first place. There's very little to be gained by mimicking someone else's mistake.
It’s more obvious all the time how Trump bankrupted multiple casinos, he’s financially ignorant and happy to stay that way. Where is Congress to stop the insanity??