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📈 Business
Companies are getting billions in tariff refunds — consumers likely won't see a dime
Following a US Supreme Court ruling, a wave of American companies are receiving billions of dollars in tariff refunds. Consumers, who effectively funded those tariffs through higher retail prices, are unlikely to see any of that money returned to them. Experts note companies have no legal obligation to pass the refunds on to customers, and the windfall is expected to go to shareholders or reinvestment instead.
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