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Consumers sue Amazon for not refunding Trump tariff costs (www.hbsslaw.com)
submitted 3 months ago by to c/technology@lemmy.world
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cross-posted from: https://piefed.world/c/tech/p/1126970/consumers-sue-amazon-for-not-refunding-trump-tariff-costs

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[–] -1 points 3 months ago (1 child)

But mah anti Trump rant? But really, thank you. People here act as if "Amazon didn't pay the tariffs anyway, because they got the money back from the customer". That is like saying the customer didn't pay, it was the company they work for.

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  • [–] 1 point 3 months ago

    That is like saying the customer didn’t pay, it was the company they work for.

    Not quite. We are actually working for the money being provided, it's a transaction.

    If there is a $20 item a person wants to buy, and there is a $5 tariff on the item, the company then increases the price to $25. The executive order was made illegal, queue the refunds, now the company gets $5 back. They now got $30 for an item that was $20. Obviously skipping all the actual taxes and costs, but you get the idea.

    The only actual cost they could argue is the opportunity cost. Someone might not have bought the item because it was $25, but would have bought it if it was $20. But that amount is impossible to know.

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