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Bedrock of the Community
  United States
25215 Posts |
Quote:
But does it mean that the tariffs are gone effective immediately? I imagine that it will take a little while for that to happen. ebay still has an import fee warning on international purchases. Quote:
DOES IT MEAN WE GET OUR MONEY BACK? It should mean that we are refunded tariff payments. Hopefully there will soon be a mechanism to do this, but it will probably be a real headache. I also wonder about how we could be reimbursed for the higher prices paid for other imports where the seller passed the costs along to the purchaser. I'm not holding my breath on any of this. Inordinately fascinated by bits of metal with strange markings and figures
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Bedrock of the Community
United States
25215 Posts |
Update: Trump just enacted 10% tariffs on goods imported from any country. 
Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
Canada
5394 Posts |
@ RPT .
There are no TARIFFS ON CANADA OR MEXICO
coins . They are covered under the CUSMA
free trade agreement . Tariff code 7118.10.00.00 .
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Bedrock of the Community
United States
25215 Posts |
Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
Canada
5394 Posts |
ebay is dead wrong . We use a third party shipper with zero problems . Have been doing so since mid September. We do this for a living , so I know what I stated is true . THERE ARE NO TARIFFS ON CANADA OR MEXICO coins under the free trade agreement.
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Pillar of the Community
 United States
7940 Posts |
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Hopefully there will soon be a mechanism to do this, but it will probably be a real headache.
I also wonder about how we could be reimbursed for the higher prices paid for other imports where the seller passed the costs along to the purchaser. I'm not holding my breath on any of this. I doubt the administration will take any action to reimburse anyone until there is a follow up lawsuit compelling them to do so. I expect that one will also take time to make it up the chain in the court system. Yes, it will be messy but messy should never be an excuse for not remedying a wrong. The perpetrators should have considered the consequences of their actions beign declared illegal. I don't see anything happening to compensate us for the increased prices on everything. The importer of the goods is the one who paid the tariff. When the mechanism for re-payment is worked out (probably after 2028), they can expect a one time bump in profits. if they are still in business. |
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Pillar of the Community
United States
923 Posts |
@Pacificoin This is the message in my cart. Quote:
Please note, starting August 29, 2025, new U.S. customs requirements may cause delays in shipments from the Mint to U.S. addresses.
In accordance with the Terms of Sale, the purchaser or, as applicable, the importer (the person receiving the goods in the
destination country if not the purchaser) is responsible for the payment of any applicable tariffs. |
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Pillar of the Community
United States
1966 Posts |
POTUS raised the tariff % to 15 today. . .
" Even a clock that's stopped is right twice a day. "
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Pillar of the Community
United States
5184 Posts |
For a period of 150 days max.
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Valued Member
United States
219 Posts |
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I doubt the administration will take any action to reimburse anyone until there is a follow up lawsuit compelling them to do so. I expect that one will also take time to make it up the chain in the court system. Yes, it will be messy but messy should never be an excuse for not remedying a wrong. The perpetrators should have considered the consequences of their actions beign declared illegal.
I don't see anything happening to compensate us for the increased prices on everything. The importer of the goods is the one who paid the tariff. When the mechanism for re-payment is worked out (probably after 2028), they can expect a one time bump in profits. if they are still in business. That will be incredibly difficult. Hypo: As CEO of GenCorp, I adapted to the new regulatory environment with a combination of passing on increased costs to customers, gaining concessions from my suppliers, and efficiency/cost savings measures in-house, including a 5% reduction in staff. If I file suit for recompense, how would my company's recovery be calculated? Applying this to thousands of companies and even more individuals would require immense resources (which, like any class action, would probably consume well over half of any potential recovery anyway). |
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Pillar of the Community
United States
620 Posts |
Large corporations such as COSTCO, ALCOA and many others large and small were planning for this day for months and have legal teams already prepared to go. Nonetheless, as long as the Executive (Mr. Trump) or Congress don't do anything proactively, the process through the Court of International Trade will have to play out.
The state of Illinois has already sent a claim to the Commerce Department and Treasury for a refund given directly to their families (estimating that the tariffs cost the "average' Illinois family $1,700).
However this plays out, the importers, the businesses will be first in line and will then in turn, may rebate customers and / or lower prices on impacted goods. Good luck.
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Pillar of the Community
United States
7940 Posts |
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Hypo: As CEO of GenCorp, I adapted to the new regulatory environment with a combination of passing on increased costs to customers, gaining concessions from my suppliers, and efficiency/cost savings measures in-house, including a 5% reduction in staff. If I file suit for recompense, how would my company's recovery be calculated? You would only be eligible for recovering the tariffs you paid to Uncle Sam. Full stop. If it was your suppliers who paid the tariffs, you get nothing. That's how it could work easily, even if it's not completely fair. Edited by tdziemia
02/22/2026 2:10 pm
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Pillar of the Community
United States
7940 Posts |
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...the process through the Court of International Trade will have to play out. I'm not sure I see what this has to do with the Court of International Trade. The illegal tariffs were paid by U.S. businesses, and American consumers like me who purchased something from abroad with no middleman. They (we) are the ones clearly owed monies that were taken from them illegally by the Trump administration. I understand yours and Samoth's points about "second order effects" that resulted from business decisions after the tariffs were paid. But I don't see anything being done because of the complexity pointed out by Samoth. Reimbursing the tariffs should be simple. It was a tax paid by someone to the Federal government, just like your income tax. There are records for every single payer to the dollar and cent. Give it back. What could be easier? The IRS gives back over 100,000,000 tax refunds every single year. Clearly it can be done, and should be done. There is no valid excuse not to. It was illegal, and the federal government has a process to give back overpaid taxes Just give it back. Edited by tdziemia
02/22/2026 2:08 pm
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Pillar of the Community
United States
620 Posts |
Tdziemia, 100%. However, this would require a desire by the Administration and Congress to want to do the right and lawful thing. The Administration was warned about this being illegal and Congress could have stepped in to do something about it, but alas it was "allowed" to happen. The result is that unless The Administration and or Congress create a mechanism to return the illegal taxation, it will be drawn out in litigation and the biggest will get their's first.
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Moderator
United States
188440 Posts |
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You would only be eligible for recovering the tariffs you paid to Uncle Sam. Full stop. Exactly. If the tariff cost was passed to you via fees, higher prices, etc. then you get to go pound sand.  |
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Replies: 19 / Views: 720 |
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Posted 02/20/2026 7:51 pm
