CNBC just noted that half of Under Armour's profit is coming from tariff refunds, and that broadly the refunds are propping up corporate profits.
— Matt Stoller (@matthewstoller) August 7, 2026
Weird those refunds aren't going to consumers. Also weird prices aren't coming down. Almost as if tariffs don't drive inflation.
Liberal idiocy. PS THANK YOU!!!!!!!!!!!
https://twitter.com/MidnightLeaksHQ/status/2109636361649025156