Jeff Guo
๐ค SpeakerAppearances Over Time
Podcast Appearances
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.
You can do an oopsie take backsies.
OK, but what if you miss the deadline to do your tariff take backsies oopsies?
Maureen says with these tariffs, the answer is not totally clear, but you could always go to court.
In fact, a lot of companies like Costco and Toyota and Goodyear, they started filing these tariff refund lawsuits even before the Supreme Court made its decision.
So what about us, right?
Like, can regular people get a refund on the tariffs we paid on, you know, that lamp I bought?
Right.
Hypothetically.
Maureen says that's actually really unclear because this customs refund window we've been talking about, it's not available to everybody and it was actually never designed to deal with this specific kind of big tariff.
But she says you could always file a lawsuit to get your money back.
Yeah, what could be more fun than a lawsuit, Sarah?
Yes, you're going to go look into how we're going to sue the federal government.
So this big Supreme Court decision, it didn't get rid of all of Trump's tariffs, just the big sweeping ones he tried to create using IEPA.