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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?

Because, you know, the U.S.

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

has had lots of tariffs over the years.

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

And there have always been people who have maybe over-calculated how much they owe in tariffs.

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

So companies can go to customs and say...

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

Can I get a refund on my tariffs?

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

I kind of overpaid.

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

But there is a whole process to it and also a limited time window.

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

You can do an oopsie take backsies.

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

OK, but what if you miss the deadline to do your tariff take backsies oopsies?

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

Maureen says with these tariffs, the answer is not totally clear, but you could always go to court.

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

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.

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

So what about us, right?

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

Like, can regular people get a refund on the tariffs we paid on, you know, that lamp I bought?

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

Right.

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

Hypothetically.

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

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.

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

But she says you could always file a lawsuit to get your money back.

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

Yeah, what could be more fun than a lawsuit, Sarah?

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

Yes, you're going to go look into how we're going to sue the federal government.

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

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.