this post was submitted on 20 Feb 2026
860 points (99.2% liked)

World News

54044 readers
2587 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 2 years ago
MODERATORS
 

The Supreme Court on Friday ruled that President Donald Trump violated federal law when he unilaterally imposed sweeping tariffs across the globe, a striking loss for the White House on an issue that has been central to the president’s foreign policy and economic agenda.

you are viewing a single comment's thread
view the rest of the comments
[–] can_you_change_your_username@fedia.io 239 points 1 day ago (9 children)

There are already lawsuits filed for refunds of tariff payments. Of course the money will go to the companies that made the payments. All of us who actually paid them by paying more for basically every consumer good are out of luck.

[–] Triumph@fedia.io 152 points 1 day ago (2 children)

Wealth transfer from labor to the ownership class.

[–] henfredemars@infosec.pub 53 points 1 day ago

Sounds like the system is working as intended.

[–] Lucidlethargy@sh.itjust.works 14 points 1 day ago* (last edited 1 day ago)

Yup. This is exactly what these tariffs did.

This was the highest tax increase on the American people in decades. And MAGA idiots cheered the entire time they lost money. Fuck all of them.

[–] ExLisper@lemmy.curiana.net 68 points 1 day ago* (last edited 1 day ago) (5 children)

Companies that made the payments already sold their rights to this refunds to investment funds for cents on the dollar. Now the funds will make shitload of money. And guess who invested in all of it? Yes, people connected to Trump!

https://www.wired.com/story/cantor-fitzgerald-trump-tariff-refunds/

They straight out robbed everyone.

[–] gravitas_deficiency@sh.itjust.works 22 points 1 day ago (1 children)

Lmfao of course they had something like this set up

[–] ExLisper@lemmy.curiana.net 7 points 1 day ago (2 children)

I posted this link before. Sometimes I feel like not everyone here is reading my comments.

[–] luciferofastora@feddit.org 3 points 21 hours ago

Seen it for the first time today, so yeah, your comments don't reach everyone

I must have missed it - I try to take breaks from doomscrolling occasionally 😛

[–] CannonFodder@lemmy.world 9 points 1 day ago

This explains the sc decision. The billionaires bribed them to make bank with these refund investments.

[–] Furbag@lemmy.world 2 points 1 day ago* (last edited 11 hours ago) (1 children)

Yet another outrageous wealth transfer... It's almost like a game to them at this point - how many ways can they extort the American taxpayer before they either run out of ideas or we put their heads on spikes?

[–] ExLisper@lemmy.curiana.net 4 points 18 hours ago

Or before everyone is so poor there's nothing left to steal.

Remember all the SciFi movies from the 80s where the ruling class lives in skyscrapers and everyone else is fighting for survival in slums ruled by gangs? With militarized police murdering people left and right? Turns out people that came up with this were 100% right.

[–] AA5B@lemmy.world 3 points 1 day ago

Anyone else would avoid a conflict of interest. They just looke to monetize it

[–] supersquirrel@sopuli.xyz 63 points 1 day ago* (last edited 1 day ago)

Yeah, it is kind of like seeing you car that was stolen on the news being returned to the person who resold it from the person who stole your car.

Justice!

[–] credo@lemmy.world 43 points 1 day ago* (last edited 1 day ago)

Hah! It gets better than that.

We are going to have to pay again in taxes to make up for the new shortfall.

[–] Lemmyoutofhere@lemmy.ca 25 points 1 day ago

And people are delusional if they think these prices will go back down.

[–] natecox@programming.dev 20 points 1 day ago

Really excited for the Transparent Wealth Transfer Act of 2026.

[–] venusaur@lemmy.world 10 points 1 day ago

It’s always a win win for the wealthy

[–] anomnom@sh.itjust.works 3 points 1 day ago

Some of us paid it to import companies prior to delivery (DHL charged us an extra $40 bucks for a couple items my wife bought online).

[–] merc@sh.itjust.works 5 points 1 day ago

It this were a proper, well regulated capitalist marketplace with actual competition, the company that sold you the widget might offer you a rebate on your next order so that they could keep your business. But, when your only real option is Amazon, they know you're not going anywhere, so they'll keep the tariff repayment and just wait for your next order.