CAPE

3 briefs

power 2026-05-07

The $166 Billion Tariff Refund Is Starting to Pay Out

After the Supreme Court struck down Trump's Liberation Day tariffs, importers are getting real money back. The mechanics of that repayment expose exactly how much the policy cost.

power 2026-04-24

The $166 Billion Bait and Switch

The Supreme Court struck down the tariffs. The refunds are real. The question nobody will answer is who actually gets the money.

power 2026-04-23

The Tariff Refund Is a Bill, Not a Check

Businesses that passed tariff costs to consumers are now eligible for government refunds. Taxpayers pay twice and the money flows to companies that already made their customers whole.