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Businesses Got Squeezed by Trump’s Tariffs. Now Some of Them Want Their Money Back
President Trump’s rapid maneuvering on tariffs led to some businesses narrowly missing out on lower bills. A refund on the difference could spare consumers from price hikes.
As the chief merchandising officer for one of the largest sellers on Amazon, Owen Carr knew that the deck chairs he ordered from a Chinese factory in early April would cost him more than ever before. That’s because the chairs, which normally go for $79 on Amazon, were among the first Chinese imports subject to minimum tariffs of 145 percent—a sky-high rate imposed by President Donald Trump —when they arrived at a port in Seattle in late April. Spreetail ended up paying elevated rates on the deck chairs and about 200 other products out of the 20,000 it imports, which include Razor scooters, ChargePoint EV chargers, and Sterilite boxes, Carr says.
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