Trump Says He’ll ‘Remember’ Companies That Don’t Seek Tariff Refund, What It Means for Your Business
Trump Says He’ll ‘Remember’ Companies That Don’t Seek Tariff Refund, What It Means for Your Business You’re an American importer. You’ve been paying tariffs, sometimes 10%, sometimes 15%, sometimes more, on goods you bring into the country. Then the Supreme Court says, “Actually, those tariffs were illegal.” The government opens a portal to give you your money back. Billions of dollars, just sitting there. And then the president of the United States looks into a camera and says, essentially, “I’ll remember who asks for it.” That’s exactly where thousands of U.S. businesses find themselves this week. On the same day the Trump administration launched a new online portal to return $166 billion in tariffs to American importers, President Trump delivered a message that has trade lawyers and CFOs scrambling: he’ll “remember” companies that choose not to seek refunds, and, by implication, those that do. It’s a moment that feels like something out of...