Wilbur Ross was Trump’s first-term tariff hawk. Now he says refunds give importers ‘an extra profit’ and pay them ‘more than the money’ they laid out
The former Commerce secretary says importers who passed tariff costs on to customers are now being paid back for money they didn't lose.
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# Tariff Refund Controversy Summary Former Commerce Secretary Wilbur Ross argues that importers receiving tariff refunds are profiting unfairly, claiming they already passed costs to consumers and are now being "paid twice" on money they didn't actually lose out-of-pocket. Ross's criticism suggests potential policy complications for any tariff refund program, as importers could face public and regulatory scrutiny if they retain refunds despite having already compensated for tariff expenses through higher consumer prices.
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