Tuesday, March 03, 2026

Tariff Refund Interest Costs Taxpayers $700 Million a Month

Federal regulations govern interest on duty overpayments [...] Conservatively using the lower rate for all entries, we calculate [...] that $700 million in interest is added to the final bill every month that the government delays tariff refunds, or around $23 million per day.

Comments

Good news! We get to pay for Trump's illegal tariffs twice!

Once when businesses raise their prices to offset the tariffs, and another time when Trump refuses to refund, forcing American taxpayers to eventually pay the interest.

#1 | Posted by censored at 2026-03-03 09:31 AM

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