Tariff ruling.

[pknopp]

Wow we all should take your moronic fake news as fact., Here is the Factcheck.org answer.

General Motors’ Debt​

• Yes, it’s true that GM paid back its loan from the Treasury Department, in full, ahead of schedule.
• But the debt was only part of the automaker bailout package. Through the Troubled Asset Relief Program, the Treasury gave GM $49.5 billion, most of which was converted into an ownership stake in the form of stock. Through this equity stake, the government still owns 61 percent of GM.
• Some Republicans, including Sen. Chuck Grassley of Iowa have pointed out that GM used TARP money to pay back its TARP debt. That’s true, but GM simply handed back TARP money it had been lent and hadn’t used. Those funds had been sitting in an escrow account, should the automaker need them. (The company didn’t borrow new money to pay back an older loan.)

Grassley has argued that this wasn’t a “meaningful” repayment of a loan, since it didn’t come from earnings. That’s an opinion, and we’ll leave it to readers to agree or disagree with the senator. The TARP special inspector general, Neil Barofsky, has said the repayment was “good news,” since it meant the automaker didn’t need to use those funds held in escrow. In testimony before the Senate Finance Committee on April 20, Barofksy made it clear GM still was operating with government help:

GM did not pay the money back.

Fact.

Taxpayers lost billions.

 

[Delldude]

Anecdotal "there have been instances"...

Temporarily to keep market share.

Not long term.

WW

Skate around it all day. You were 'misinformed'.

 

[Lesh]

This flat out not true.

On Wednesday, the Congressional Budget Office estimated that foreign companies were paying only 5% of the tariffs, leaving U.S. companies and consumers to pay the remaining 95%.+ The CBO went further and estimated that U.S. companies only paid 30% of the tariff burden, passing the rest on to consumers. [Feb 12, 2026]

https://www.investopedia.com/a-year-after-trump-s-tariff-war-began-evidence-mounts-that-americans-are-paying-for-them-11905890

Passing the rest on to consumers

You’re proud of that?

 

[berg80]

Total B.S. There is a zero chance that GM wouldn't have been bought and continued.

I guess I'll take the opinion of the experts on which the AI overview was based instead of a guy on a message board.

 

[dblack]

I guess I'll take the opinion of the experts on which the AI overview was based instead of a guy on a message board.

To be fair, there's no indication the AI overview is based the "opinion of experts". AI is based on whatever random shit it pulls from the internet during it's training.

 

[Fort Fun Indiana]

So, American consumers paid the tariffs.

And now, because the President is a n economically illiterate dumbfvck with no respect for the law, the American taxpayers get to pay them again.

Everyone, grab your ankles for the fat orange rapist.

Again.

 

[pknopp]

I guess I'll take the opinion of the experts on which the AI overview was based instead of a guy on a message board.

AI tells a lot of things that aren't factual.

 

[dudmuck]

Just like high taxes on millionaires, billionaires and corporations, funny how it's understood when applied to tariffs but not when it comes to taxing the 'rich' and corps.

 

[task0778]

Passing the rest on to consumers

You’re proud of that?

No, I am not. I have opposed Trump's tariffs from Day 1 just like I did when the democrats imposed tariffs back in the day. Clinton, Obama, and Biden all imposed tariffs when they were in the WH. And the idea that foreign exporters would pay for the tariffs is/was nonsense. Tariffs always come back to US businesses and consumers.

 

[RetiredGySgt]

So he is trying to work around the SC?

Like Biden tried to do with student loan forgiveness

NO. he has other laws that allow tariffs you Moron. The specific law he used they said no, no ruling was needed for the other laws.

 

[Doc7505]

GM raises 2026 guidance amid $500 million tariff refund, topping Wall Street’s earnings expectations​

GM raises 2026 guidance amid $500 million tariff refund, topping Wall Street's earnings expectations

Aside from earnings and any change to GM's 2026 guidance, investors are monitoring impact from the Iran war, tariffs and EV write-downs.

www.cnbc.com

DETROIT — General Motors raised its 2026 guidance after significantly beating Wall Street’s first-quarter earnings expectations following a roughly $500 million benefit from the U.S. Supreme Court decision to terminate and refund certain levies paid under President Donald Trump’s tariffs.

Don's signature economic policy is illegal. How fitting.

<~~~~~~~~~~>
You forget that many parts of vehicles for both Ford, General Motors and Chrysler are manufactured in Canada and Mexico.
Source:

Every Car Made in Canada, Mexico, and China For U.S. Buyers - CarEdge

New tariffs on cars imported from Canada, Mexico, and China are in effect. Find out which vehicles are affected, and how to prepare.

caredge.com

 

[berg80]

To be fair, there's no indication the AI overview is based the "opinion of experts". AI is based on whatever random shit it pulls from the internet during it's training.

Actually, there is. Sources are listed on the page of the overview.

 

[berg80]

<~~~~~~~~~~>
You forget that many parts of vehicles for both Ford, General Motors and Chrysler are manufactured in Canada and Mexico.
Source:

Every Car Made in Canada, Mexico, and China For U.S. Buyers - CarEdge

New tariffs on cars imported from Canada, Mexico, and China are in effect. Find out which vehicles are affected, and how to prepare.

caredge.com

You forget that roughly 90% of tariffs have been paid by consumers.

Consumers and businesses paid nearly 90% of Trump tariffs in 2025, new analysis found

White House advisor Kevin Hassett slammed the New York Fed report, which found that Americans, not foreign exporters, bear most tariff costs.

www.cbsnews.com

 

[Doc7505]

You forget that roughly 90% of tariffs have been paid by consumers.

Consumers and businesses paid nearly 90% of Trump tariffs in 2025, new analysis found

White House advisor Kevin Hassett slammed the New York Fed report, which found that Americans, not foreign exporters, bear most tariff costs.

www.cbsnews.com

That has always been the case. That is why American made goods sold overseas rate such large tariffs from countries they are sent too.

Read more:

Evolution of Car Tariffs: A 125-Year History of Trade Wars, Economic Shifts, and Power Plays

- The automotive industry, since the inception of the Ford Model T in 1908, has not only been a catalyst for economic revolution but also a battlefield for international trade. Over the past 125 years, vehicles have played a critical role in shaping global economic dynamics. One of the most...

www.globallawtoday.com

 

[JoeB131]

And yet US companies experienced a 9.2% revenue growth in the last earnings season. Something isn’t adding up is it? You are being fed a load of fake news. That is the problem.

Yup, those numbers are bullshit.

The economy is shit right now. You need to start working on your excuses.

 

[SweetTea]

$4.25 a gallon gas

A short-lived issue with a great reward.

 

[SweetTea]

Trump's tariffs have been so chaotic that the impact on consumers and businesses has been hard to determine. At first we were told the tariff revenue would be around $500 billion a year but it ended up being considerably less. which means the inflationary impact has been somewhat less as well, not significant as you say but slight and varied. There are other factors of course, but inflation was increasing just a bit before the gas prices went up.


Overall, there is evidence, consistent with economic theory, that tariffs have raised both additional revenue ($214.7 billion above the 2022–2024 average) and led to higher prices (Personal Consumption Expenditure (PCE) core goods up 1.9% year-over-year as of January 2026). However, after the SCOTUS decision on the IEEPA tariffs, approximately $165 billion in unlawfully collected duties may be refunded to importers. This implies that tariffs so far have raised $49.7 billion of revenue through February 2026. There is less clear evidence about the impacts of tariffs on the wider economy: for example, employment in tariff-exposed industries is not appreciably lower or higher than what would have been expected prior to 2025. Importantly, these statistics are representations of the current economy, and it is difficult to disentangle what changed due to tariffs versus the many other economic changes over the past year.

https://budgetlab.yale.edu/research/tracking-economic-effects-tariffs

Consumers are paying more for the same things and that is the definition of inflation. It isn't reflected in the numbers cuz it ain't consequential. So far. A tariff is specifically not a tax per se cuz Congress did not authorize it, but the end result is the same. The gov't got additional revenue that came out of people's pockets when they bought something with a tariff on it.

Based on this information, if there were no tariffs, PCE would be substantially lower than in recent history. Why is that?

There is inflation. There always is. The reason it isn't consequential is because it isn't only the US consumer or even US importers paying the tariffs. They have been spread out between the US consumer, US importers, foreign exporter and foreign manufacturers. In a sense, US consumers aren't paying the entire bill but our government is collecting all the revenue. That is not a bad thing.

 

[SweetTea]

Yup, those numbers are bullshit.

The economy is shit right now. You need to start working on your excuses.

Facts don't lie, but your Party does and you lap it up.

 

[task0778]

Based on this information, if there were no tariffs, PCE would be substantially lower than in recent history. Why is that?

If there were no tariffs, then PCE would be lower, but in this case not that substantial because the higher costs of the tariffed stuff wasn't that much. That's cuz many importers rushed to buy foreign stuff before the tariffs went into effect and the chaotic changes in tariff rates kept everybody guessing about what to do. Which meant less hiring, less business expansion, and less startups. Again not substantial in any case but how neglible it was probably depended on the particular industry.

There is inflation. There always is. The reason it isn't consequential is because it isn't only the US consumer or even US importers paying the tariffs. They have been spread out between the US consumer, US importers, foreign exporter and foreign manufacturers. In a sense, US consumers aren't paying the entire bill but our government is collecting all the revenue. That is not a bad thing.

As noted in post 1356:

On Wednesday, the Congressional Budget Office estimated that foreign companies were paying only 5% of the tariffs, leaving U.S. companies and consumers to pay the remaining 95%.+ The CBO went further and estimated that U.S. companies only paid 30% of the tariff burden, passing the rest on to consumers. [Feb 12, 2026]

https://www.investopedia.com/a-year...s-that-americans-are-paying-for-them-11905890

The reason the tariffs were not that consequential is that the impact on our huge economy just wasn't that great, nowhere near what it was purported to be a year ago.

Apparently the gov't will be paying back some of that collected revenue. But here's the bad part: for most of the past 12 months, US businesses have not known what the hell Trump was going to do next regarding tariffs but also other economic policies. And that affects planning for future considerations which somewhat dampened economic growth. Also, maybe not a lot, but one of the goals for those tariffs was the increase in domestic manufacturing and more jobs, which did not happen.

 

[Vrenn]

GM did not pay the money back.

Fact.

Taxpayers lost billions.

I proved they did. Now, you prove they didn't, loser.