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Jeff Guo

๐Ÿ‘ค Speaker
588 total appearances

Appearances Over Time

Podcast Appearances

Planet Money
The Supreme Court struck down a bunch of Trump's tariffs. Now what?

It says the president may, quote, regulate, dot, dot, dot, importation, like the importation of goods.

Planet Money
The Supreme Court struck down a bunch of Trump's tariffs. Now what?

Was that like a mic drop moment?

Planet Money
The Supreme Court struck down a bunch of Trump's tariffs. Now what?

Basically, those are the most important words the Supreme Court said today.

Planet Money
The Supreme Court struck down a bunch of Trump's tariffs. Now what?

It said those words in IEPA regulate dot, dot, dot importation.

Planet Money
The Supreme Court struck down a bunch of Trump's tariffs. Now what?

They do not mean that the president can create giant sweeping across the board tariffs on countries around the world.

Planet Money
The Supreme Court struck down a bunch of Trump's tariffs. Now what?

That is not what the law means, the court said.

Planet Money
The Supreme Court struck down a bunch of Trump's tariffs. Now what?

So let me ask you the obvious question, which is, are any of us going to get our money back?

Planet Money
The Supreme Court struck down a bunch of Trump's tariffs. Now what?

So it sounds like what you're saying is I really got to talk to a customs lawyer.

Planet Money
The Supreme Court struck down a bunch of Trump's tariffs. Now what?

Always good advice.

Planet Money
The Supreme Court struck down a bunch of Trump's tariffs. Now what?

We sure do.

Planet Money
The Supreme Court struck down a bunch of Trump's tariffs. Now what?

Oh, yeah.

Planet Money
The Supreme Court struck down a bunch of Trump's tariffs. Now what?

Maureen is an international trade lawyer.

Planet Money
The Supreme Court struck down a bunch of Trump's tariffs. Now what?

She's a partner at Wiley Rain who specializes in customs law.

Planet Money
The Supreme Court struck down a bunch of Trump's tariffs. Now what?

And we wanted to ask Maureen, yeah, sure, how are companies going to try to get refunds for all the tariffs they paid on the goods they've imported to, you know, sell to us?

Planet Money
The Supreme Court struck down a bunch of Trump's tariffs. Now what?

And more importantly, though, what about regular customers like me and Sarah?

Planet Money
The Supreme Court struck down a bunch of Trump's tariffs. Now what?

Those lamps I got off Timu.

Planet Money
The Supreme Court struck down a bunch of Trump's tariffs. Now what?

And as you can imagine, we are not the only ones bombarding Maureen with questions on this day.

Planet Money
The Supreme Court struck down a bunch of Trump's tariffs. Now what?

And what are the questions that people are asking you?

Planet Money
The Supreme Court struck down a bunch of Trump's tariffs. Now what?

Vereen says if you were to vastly oversimplify this very complicated world of customs law, there are basically, let's say, three ways that companies could, in theory, get refunds on the tariffs they paid.

Planet Money
The Supreme Court struck down a bunch of Trump's tariffs. Now what?

So option number one, turns out customs actually already has a process to get refunds on your tariffs.