The Refund That Explained the Tariff (🇺🇸 US-UK🇬🇧 Edition)

Walmart received a $2.9 billion refund for tariffs it had paid on imported goods. Then the company told investors it planned to use some of that money to lower prices.That simple sequence explains more about tariffs than most political speeches do.In The Refund That Explained the Tariff, F. P. Dunneagin follows the money from Washington to the cash register—and asks a question that has become increasingly difficult to avoid: If giving the tariff money back helps make things cheaper, what did taking it do?— Dunneagin📖 To read the text of this essay and explore the catalog, visit Civics Unhinged on Paragraph.☕ Reader editions and collected volumes—including Volumes 1, 2, 3, and The Liar’s Guide to Autocracy—are available on the Fourthwall bookshelf. Get full access to ~ Civics Unhinged: Dispatches From Trumpistan ~ at dunneagin.substack.com/subscribe