NPR (Stephan Bisaha) - U.S. businesses are getting tariff refunds. Will customers get any money back?
Companies have received tariff refunds. What about consumers? Some companies are providing refunds while others decline.
Companies have received tariff refunds. What about consumers? Some companies are providing refunds while others decline.
For some U.S. brands seeking a location for their factories, the economic logic is once again pointing to China.
For some U.S. brands seeking a location for their factories, the economic logic is once again pointing to China.
Households and businesses were already contending with an affordability crunch. A new round of tariffs could inflict more pain.
What a failed Biden-era effort to save American glove makers teaches us about tariffs. The post How Not to Do Industrial Policy appeared first on The American Conservative .
Politics How Not to Do Industrial Policy What a failed Biden-era effort to save American glove makers teaches us about tariffs. Credit: Amanda Wayne via Shutterstock Earlier this month, Bloomberg published a brutal autopsy of industrial policy gone wrong. The article documented how, beginning in 2020, the U.S. government provided $850 million to six American companies to bolster domestic manufacturing of nitrile gloves, a critical component of the medical supply chain. Six years later, not one of those companies is making gloves. The company that received the most funding, Blue Star NBR out of Wytheville, Virginia,…Open
Canada and Mexico are among the countries facing the tariff, but goods that comply with the U.S.-Mexico-Canada trade agreement would be exempted.
The government must return about $160 billion, plus interest, collected from duties deemed illegal and potentially more if it loses a related tariff case.
A federal appeals court has temporarily paused a lower court order that declared President Trump's global 10% tariffs are unlawful.
The president has reworked his tariffs repeatedly — sometimes because they have been declared illegal — with more updates still to come.
Up to $166 billion of CBP collections from the president's tariffs are subject to refunds.