Shoppers will have to wait for companies to get their refunds before any potential reimbursements might trickle down to them. And that could take a while.
Quoted Staff Member
Michael Ettlinger
Senior Fellow
February 26, 2026
NPR: Tariffs Cost American Shoppers. They’re Unlikely To Get That Money Back
Institute on Taxation
and Economic Policy
ITEP is a non-profit, non-partisan tax policy organization. We conduct rigorous analyses of tax and economic proposals and provide data-driven recommendations to shape equitable and sustainable tax systems.
Subscribe to ITEP Emails
Tax research and policy news in your inbox.
Promote Fair Tax Policy
Your gift to ITEP promotes tax justice. With your help, we do research that supports taxing millionaires and billionaires, taxing big corporations and raising revenue for the things our people, our communities and our planet need.
Together, we can create a country with more economic justice, more racial justice, more climate justice… and more tax justice.