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Americans get played once again (lemmy.ml)

submitted 20 hours ago by yogthos@lemmy.ml to c/usa@lemmy.ml

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[–] Mycatiskai@lemmy.ca 1 points 7 hours ago* (last edited 3 hours ago)

The companies couldn't afford the tariffs in the first place so took on massive debt then Howard Nutlick's sons who are in charge of a company that he previously ran offered to buy up tariff rebates for pennies on the dollar from those companies

Companies took those pennies on the dollar to pay down the debts that they had to take on for the tariffs but now Nutlick's sons will get the tariff rebate of not the company.

https://www.newsweek.com/howard-lutnick-sons-may-make-money-supreme-court-ruling-tariffs-11558345