1. CONSUMERS paid most of Trump's tariffs, which the Supreme Court ruled were illegal.
But CORPORATIONS will receive the refunds.
Will they pass that cash back to consumers? Or pocket the money?
We asked them.
🧵
2. Popular.info contacted 18 companies that: 1. Admitted they raised consumer prices due to tariffs, and 2. Sued for tariff refunds.
We asked whether they would compensate customers via refunds or discounts.
popular.info/p/consumers-pa…
3. These are the companies we contacted:
Abercrombie & Fitch
Columbia Sportswear
GoPro
Uniqlo
Steve Madden
Crocs
EssilorLuxottica (Ray-Ban)
Lululemon
Deckers (UGG, Hoka)
Dollar General
Trek
Yeti
Helly Hansen
Brooks Running
Allbirds
Dyson
Puma
Nintendo
4. NONE of these companies responded. It appears that they are planning to pocket the money.
So far only two companies have announced plans to offer consumers refunds or discounts: FedEx and Costco.
popular.info/p/consumers-pa…
5. For more independent journalism that holds powerful coporations accountable, subscribe to Popular Information.
No paywalls. No corporate overlords. No BS.
popular.info/subscribe
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