What's Hot

    Crypto News, July 12: Stablecoin Market Cap Drops Amid Memecoin Rotation as CLARITY Act Advances, Bitcoin and Ethereum Price Hold Firm | Invesloan.com

    July 13, 2026

    Marti companions with Tensor to deploy autonomous automobiles in Turkey (MRT:NYSE) | Invesloan.com

    July 13, 2026

    Small-Business Owner Paid Thousands in Tariffs, Doesn’t Expect Refunds | Invesloan.com

    July 13, 2026
    Facebook Twitter Instagram
    Finance Pro
    Facebook Twitter Instagram
    invesloan.cominvesloan.com
    Subscribe for Alerts
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    invesloan.cominvesloan.com
    Home » Small-Business Owner Paid Thousands in Tariffs, Doesn’t Expect Refunds | Invesloan.com
    Money

    Small-Business Owner Paid Thousands in Tariffs, Doesn’t Expect Refunds | Invesloan.com

    July 13, 2026Updated:July 13, 2026
    Share
    Facebook Twitter LinkedIn Pinterest Email

    This as-told-to essay is based on a conversation with Marc Bowker, owner of Alter Ego Comics, a comic book shop in Lima, Ohio, and an accompanying e-commerce business. After the Supreme Court struck down some of President Donald Trump’s tariffs in February, refunds are being issued to some importers. This story has been edited for length and clarity.

    I keep a spreadsheet of what we’ve paid in tariff fees, and it’s around $16,000 since April 2025. I was just on a two-week vacation and a thought ran through my head: “Why am I doing this? We’re never going to get this back.”

    The tariff refunds are going to the companies that actually paid the import duties directly to the government, or the Importers of Record, so those will be your large manufacturers or importers. Many retailers like myself are ordering from third-party distributors. Because we are not directly importing the products, we can’t directly apply for a refund.

    I have not gotten answers about whether our suppliers will pass along refunds. Even if they do, it becomes very complicated because we’ve passed on a percentage of the tariff fees to our customers. So if I do ask for reimbursement, do I then turn around and reimburse them?

    I think, unfortunately, everybody’s out of luck unless you’re one of the biggest companies in the world and have an entire legal force, HR, and finance teams that can do all of this. For the American small business, I really don’t see anyone getting reimbursed, let alone passing that on to their customers.

    A ‘never-ending whack-a-mole of tariffs’

    After the Supreme Court decision in February, I was hoping things would go back to the way they were before. Then Trump announced another 10% global tariff fee. The never-ending whack-a-mole of tariffs just seems like death by a thousand paper cuts.

    We are still being charged a tariff fee from our primary supplier on every shipment. Our products affected by tariffs include collectible action figures, our largest revenue driver, which we also sell online. Sales of those products are down 50% from their pre-tariff levels.

    I think our customers are either buying from companies that can absorb the tariff costs or holding off on purchasing because they don’t want to pay the extra fee. It could also be that because the price of other goods has gone up, they are cutting their luxury spending. Buying a $300 action figure is not as important as filling up your gas tank or buying food when prices are up.


    Marc Bowker and his family in front of his store, Alter Ego Comics.

    Marc Bowker and his family are in front of his store in Lima, Ohio. 

    Marc Bowker



    Fortunately, I have multiple revenue streams. I still have our brick-and-mortar operation, where people spend between $25 and $50 on comics and other products that are not subject to tariffs. I have started thinking, do I need to pull the plug on products impacted by tariffs because it’s creating more headaches than it’s worth?

    There’s also a lot of rumbling from fellow retailers that these tariffs could be a Pandora’s box for manufacturers and that once they see that they can pass these fees on and raise the prices of their products, they may not go back to the way things were before, even if the tariffs go away.

    Small businesses need help

    I have been wondering whether trade associations like the National Federation of Independent Business and chambers of commerce — local, state, or national — will work to secure reimbursements for their members. Is anybody fighting for small businesses in America about these tariffs?

    In many cases, small businesses are run by solopreneurs or have fewer than 5 or 10 staff members. For our own sanity, we have to focus on what we can control — the four walls of our business — rather than trying to institute change from the outside, which takes time, money, and energy we may not have.

    Instead of all of us having to pay attention to the changes in the tariff and refund situation on our own, the organizations that represent small businesses in America should be fighting for us.

    Ultimately, it’s going to fall to individual small businesses to push back, make those phone calls, and ask questions to figure out what’s going on, but I don’t expect to get any refunds.

    At this point, if things could go back to the way they were pre-April 2025, that would be a win in my book.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Keep Reading

    Ukraine Ground Drone Usage Doubled in 6 Months As ‘Kill Zone’ Expands | Invesloan.com

    Trump Accounts Architect on Auto-Creating Accounts for Millions | Invesloan.com

    ‘House of the Dragon:’ How Does Ormund Hightower Die within the Book? | Invesloan.com

    He Left Tokyo to Open a Guest House and Revive His Hometown in Rural Japan | Invesloan.com

    Retiree, 75, Lives Out of a Backpack, Traveling the World With Husband | Invesloan.com

    Elon Musk and Sam Altman Are Fighting in Public Again | Invesloan.com

    OpenAI Keeps Losing the People in Charge of AI Safety | Invesloan.com

    Lindsey Graham’s Business Legacy: Tax Cuts, Tariffs, and Defense | Invesloan.com

    Moving Abroad to Ireland After Losing My Dream Job Worked Well for Me | Invesloan.com

    LATEST NEWS

    Crypto News, July 12: Stablecoin Market Cap Drops Amid Memecoin Rotation as CLARITY Act Advances, Bitcoin and Ethereum Price Hold Firm | Invesloan.com

    July 13, 2026

    Marti companions with Tensor to deploy autonomous automobiles in Turkey (MRT:NYSE) | Invesloan.com

    July 13, 2026

    Small-Business Owner Paid Thousands in Tariffs, Doesn’t Expect Refunds | Invesloan.com

    July 13, 2026

    KKR anchors A$400M personal credit score financing for Australia’s Ampol | Invesloan.com

    July 12, 2026
    POPULAR

    China’s first passenger jet completes maiden commercial flight

    May 28, 2023

    Numbers taking US accountancy exams drop to lowest level in 17 years

    May 29, 2023

    Toyota chair faces removal vote over governance issues

    May 29, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!
    Facebook Twitter Pinterest WhatsApp Instagram
    © 2007-2023 Invesloan.com All Rights Reserved.
    • Privacy
    • Terms
    • Press Release
    • Advertise
    • Contact

    Type above and press Enter to search. Press Esc to cancel.

    invesloan.com
    Manage Cookie Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}