Jeff Guo
๐ค SpeakerAppearances Over Time
Podcast Appearances
It says the president may, quote, regulate, dot, dot, dot, importation, like the importation of goods.
Was that like a mic drop moment?
Basically, those are the most important words the Supreme Court said today.
It said those words in IEPA regulate dot, dot, dot importation.
They do not mean that the president can create giant sweeping across the board tariffs on countries around the world.
That is not what the law means, the court said.
So let me ask you the obvious question, which is, are any of us going to get our money back?
So it sounds like what you're saying is I really got to talk to a customs lawyer.
Always good advice.
We sure do.
Oh, yeah.
Maureen is an international trade lawyer.
She's a partner at Wiley Rain who specializes in customs law.
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?
And more importantly, though, what about regular customers like me and Sarah?
Those lamps I got off Timu.
And as you can imagine, we are not the only ones bombarding Maureen with questions on this day.
And what are the questions that people are asking you?
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.
So option number one, turns out customs actually already has a process to get refunds on your tariffs.