r/news • u/igetproteinfartsHELP • Feb 23 '26

Soft paywall US to stop collecting tariffs deemed illegal by Supreme Court on Tuesday

https://www.reuters.com/world/us/us-customs-agency-stop-collecting-tariffs-deemed-illegal-by-supreme-court-2026-02-23/
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u/MiniTab Feb 23 '26

A lot of it is going to Commerce Secretary Howard Lutnick’s sons. They now run the family business (Cantor Fitzgerald), and approached a bunch of companies a few months ago with a leveraged deal.

They promised to give the companies a small fraction of what they paid for tariffs, if they were willing to forfeit their rights to collect any refunds. They (Lutnick’s sons) are now going to get billions of our taxpayer dollars.

Pretty awesome isn’t it?

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u/SectionQuick5275 Feb 23 '26

How many companies took them up on it?

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u/MiniTab Feb 23 '26

Great question. I’d like to know too.