Jeff Guo
๐ค SpeakerAppearances Over Time
Podcast Appearances
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.
Because, you know, the U.S.
has had lots of tariffs over the years.
And there have always been people who have maybe over-calculated how much they owe in tariffs.
So companies can go to customs and say...
Can I get a refund on my tariffs?
I kind of overpaid.
But there is a whole process to it and also a limited time window.