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Started By
Message
re: Federal Circuit clears path for tariff refunds
Posted on 3/3/26 at 7:55 am to SlowFlowPro
Posted on 3/3/26 at 7:55 am to SlowFlowPro
quote:
Cantor Fitzgerald, a financial services company led by the sons of US Commerce Secretary Howard Lutnick, has extended an offer to purchase the rights to potential refunds from companies that have paid tariffs imposed by Donald Trump. This move allows investors to speculate on the potential reversal of Trump's tariff policies in court.
Cantor Fitzgerald Offers 20% to 30% for Trump Tariff Refund Rights
0
Posted on 3/3/26 at 7:55 am to Flats
quote:
What's the "conspiracy theory" here?
Implying the behavior of the admin wasn't a huge error and was part of a larger plan is the conspiracy theory.
The alternative was the admin engaged in a massive frickup and Lutnick was smart enough to realize how to take advantage of that post-hoc.
Posted on 3/3/26 at 7:55 am to SlowFlowPro
quote:
It's not any statement of our power to tariff, generally. It's about our administration's ability to read.
The ultimate “DEI” hires.
Posted on 3/3/26 at 7:56 am to SDVTiger
quote:
Nothing was "bad" about the ruling
Having the tariffs ruled illegal was bad for the admin.
Posted on 3/3/26 at 7:57 am to SlowFlowPro
quote:
Implying the behavior of the admin wasn't a huge error and was part of a larger plan is the conspiracy theory.
I didn't get that but I agree it's unlikely.
Posted on 3/3/26 at 7:58 am to Flats
quote:
I didn't get that
Go back to his resopnse to me saying they fricked up bigly
He responded with:
quote:
Clearly he doesn't think it was a mistake.
Posted on 3/3/26 at 7:58 am to SlowFlowPro
quote:
This was all done months after the admin fricked up.
Lutnick was just smart enough to realize the error of their frickup after the fact. It doesn't show he planned this and it ignores the other actors involved (specifically Bessent).
Ahh, you are going with the benevolent mens rea argument. That's fine. Me neither you can prove if the act was intentional or accidental before the contracts were executed.
Posted on 3/3/26 at 7:59 am to SlowFlowPro
quote:
SlowFlowPro
Posted on 3/3/26 at 8:00 am to SlowFlowPro
quote:
Having the tariffs ruled illegal was bad for the admin.
Yet tariffs continue
So it wasnt bad. It gave them a SC ruling roadmap. It was only bad not hiring you to their team amirite
Posted on 3/3/26 at 8:01 am to SlowFlowPro
If Lunick and the boys what to make this a lot less unscrupulous for the Administration they should void these contracts and recoup the importers of the full refunds.
Posted on 3/3/26 at 8:02 am to LawTalkingGuy
Hope all these companies are prepared for the deep dive into their finances/business practices, because they are going to have to very clearly and convincingly show they didn't pass any of it onto their customers (and exactly how much tariff they paid) to even submit a claim.
Posted on 3/3/26 at 8:03 am to SDVTiger
quote:
Yet tariffs continue
Via channels that were clearly the path from the get go. Why didn't they admit the mistake months ago and actually solve the problem before it became such a large one?
quote:
It gave them a SC ruling roadmap.
The roadmap existed prior to this ruling
For people who can read at least
Posted on 3/3/26 at 8:04 am to udtiger
quote:
Hope all these companies are prepared for the deep dive into their finances/business practices, because they are going to have to very clearly and convincingly show they didn't pass any of it onto their customers (and exactly how much tariff they paid) to even submit a claim.
And the Commerce Department should oversee this.
Posted on 3/3/26 at 8:05 am to udtiger
quote:
Hope all these companies are prepared for the deep dive into their finances/business practices, because they are going to have to very clearly and convincingly show they didn't pass any of it onto their customers
Is there a legal basis for this or is it just the way you think it should be?
Posted on 3/3/26 at 8:05 am to udtiger
quote:
because they are going to have to very clearly and convincingly show they didn't pass any of it onto their customers
No they won't
Posted on 3/3/26 at 8:06 am to SlowFlowPro
quote:
Why didn't they admit the mistake months ago and actually solve the problem before it became such a large one?
What ia the large problem if tariffs continue. You think a refund that will be tied uo in courts for years is a concern
quote:
threads on here where Bessent referenced them also prior to the ruling.
They should.have hired you
Posted on 3/3/26 at 8:07 am to Flats
quote:
Is there a legal basis for this or is it just the way you think it should be?
The latter
We already have road maps for this. When taxes are ruled illegal this "pass onto consumer" step of the analysis doesn't exist.
Posted on 3/3/26 at 8:08 am to SDVTiger
quote:
What ia the large problem if tariffs continue
Refunding hundreds of billions of dollars
quote:
You think a refund that will be tied uo in courts for years is a concern
Why wouldn't it be?
Posted on 3/3/26 at 8:10 am to SlowFlowPro
quote:
What does this have to do with the Supreme Court ruling in any way?
I didn’t say that it did. I am simply asking a question. These are the methods by which other countries protect their own industries and we cannot use these same methods. The response will be that we need to go through congress and the senate to get it approved appropriately. But we all know that isn’t going to happen. The lobbyist for these various industries will line the pockets of our representatives to ensure they don’t ever do what is right by our own citizens.
Posted on 3/3/26 at 8:15 am to GumboPot
quote:
It's almost like this was the plan. But what the hell do I know
No they fricked up. They didn’t want to take the time and do the work to use the proper statutes that authorize tariffs.
And even those statutes have limitations with amounts, timelines etc, and Trump wanted the ability to do whatever he wanted so they chose IEEPA.
And here we are.
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