Consumers paid prices that were too high, because retailers were being overcharged. Manufacturers and distributers (including importers) were charging higher prices in anticipation of having to pay the foreign manufacturers. The foreign manufacturers from China and elsewhere were getting their arms twisted by the US government. They had to pay a tariff just to ship their products into the US, and then they had to raise their prices to the buyers to cover that cost.
So now, how does Uncle Sam compensate all these people who were overcharged?
I just bought a package of Colombian coffee for $10 and it should have cost maybe $7 because that's what I paid before Chump started this bullshit. The coffee isn't worth $3 more now, but that $3 represents the tariffs that Colombia (and other exporters) had to pay. Do I get a $3 refund on every package of coffee that I've purchased in the last year? How can the government compensate every consumer that has purchased coffee in the past 12 months? And that's just one product. The tariffs are on just about everything we're buying right now.
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