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Trump admin refunds $100B in tariffs to major corps

The tariffs were paid by regular Americans through higher prices. Now the Trump administration is cutting checks to big corporations and Cantor Fitzgerald, the "financial services" firm run by Commerce Secretary Howard Lutnick's two sons. Lutnick's family is positioned to make billions. The firm has been quietly buying up tariff refund rights for 20-30 cents on the dollar since early 2025. It's the grift wrapped in policy, explicit and shameless.
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Financelot @FinanceLancelot
Howard Lutnick's family is set to make BILLIONS when the Supreme Court strikes down Trump's tariffs. Cantor Fitzgerald, a "financial services" firm run by his two sons has been quietly buying up the rights to tariff refunds for 20-30¢ on the dollar since 1H 2025 HT @Bratt_world
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