Lydia Wheeler
๐ค SpeakerAppearances Over Time
Podcast Appearances
And then customs is going to go through and check them, check their work, and have to validate every claim.
And then once they're done with that process, then they'll get their money back.
So some companies are already expressing fear and worry that they're not going to know how to navigate this process or that they don't have the time and the resources to go through and try to figure out all of the payments that they made.
And they're frustrated because they're saying, hey, customs already has a system that's kept track of all of this.
Like, how come they can't just do it themselves?
Trade lawyers are definitely making that argument.
They're saying, like, why should companies be the one to have to do their own accounting when customs has that ability to do it themselves?
So we are already seeing consumers going to court, to other federal courts, and suing companies to say, once you get a refund, we want you to pass that money back to me.
Places like Costco are being sued, and they are facing class actions right now or potential class actions from consumers that are saying, hey, I paid a higher price in the store, and Costco, you said if you get a refund from the government that you will make us whole.
Well, we want to hold your feet to the fire on that.
And then separately, President Trump said, OK, well, I'm going to come in and set new tariffs in place under a different legal justification and different legal authority.
And so now you have new lawsuits challenging those new tariffs.
So while we're still all trying to figure out what's owed from the other ones, we have litigation that's beginning over the new tariffs that Trump put in place right after the Supreme Court's ruling.
Yeah, there's a lot of litigation, right?
Some trade lawyers are saying that, that absolutely, that they appreciate what Judge Eaton has done, but this is messy.
And the process that the government has already mapped out looks cumbersome.
And they're worried that some companies are just either not going to do it correctly or that it's going to be too burdensome for some companies to do it on their own and that they won't have any other resources to try to get claims.
Some business owners that we spoke to said, I couldn't grow, I couldn't hire more staff, which I would have been able to had it not been for this.
There are others who are now in debt.