World
Trump took money from the poor and gave it back to the rich
The U.S. Supreme Court ordered the Trump administration to return funds collected from illegal tariffs. However, an important nuance emerged.
Apple received a $2.2 billion refund, Ford $1.3 billion, Nike $1 billion, and Amazon nearly the same amount.
Meanwhile, the tariffs were effectively paid by ordinary consumers, as they were simply included in product prices. Yet the money was returned not to them, but to large corporations that barely suffered from the tariffs and merely raised prices.