""We're having to cut off projects that we really want to do," said Cox, who lives with his wife in Charleston, South Carolina."
""What incentive do any of these big companies have to lower their prices?" Nusselt asked. Especially, she added, "if they're getting money back" from the government in the form of tariff refunds."
"American consumers, however, will likely not be compensated for the tariff costs they bore, passed on through higher prices."
"According to analysis from the Budget Lab at Yale, prices of consumer goods (excluding more v..."
Eileen Nusselt and Gio Cox faced rising costs for home renovations due to tariffs on materials. Despite the Supreme Court ruling against many tariffs, prices are unlikely to decrease. Companies are receiving refunds for illegal tariffs, but consumers will not be compensated for the higher prices they paid. The burden of tariffs has primarily fallen on shoppers, with taxpayers potentially responsible for interest on delayed refunds. Analysis indicates that consumer goods prices have risen significantly due to these tariffs.
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