Garrison Davis
π€ SpeakerAppearances Over Time
Podcast Appearances
And if he was alive today, he would be crying again.
So, okay, we actually do have tariff news, which is the first tariff news in a while.
But when we last spoke about the Supreme Court nullifying the Liberation Day tariffs and a significant chunk of the tariffs that Trump had been putting into effect, we said that there wasn't a plan really to get tariff refunds out and that it really hadn't been addressed other than by dissenting Supreme Court members.
We are sort of starting to see what that looks like after a series of rulings from trade courts.
Right now, it is a fiasco.
So the government has set up a portal through which you can get relief.
Now, after it was sort of forced to by the
Of course, the implementation of this has been delayed several times because the government didn't have time to actually get it out.
A bunch of the portal is not built yet.
The government is claiming that it is going to take more time to build a whole bunch of it.
Now, this is a catastrophe because they're dealing with a bit over $166 billion of tariff money that they have to pay back plus interest.
Yeah, plus interest.
This is the whole thing, right?
They have to do interest on all of this, which is a nightmare.
It's the interest accruing while they bungle setting up their Squarespace site or whatever.
Yep, it's still going.
Every second, the interest thing is ticking on this.
So I'm going to quote here from Bloomberg.