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Sarah Wells

๐Ÿ‘ค Speaker
42 total appearances

Appearances Over Time

Podcast Appearances

Marketplace
Yet another stockpile scramble

On Monday morning, Sarah Wells woke up bright and early.

Marketplace
Yet another stockpile scramble

The tariff refund portal was set to open at 8 a.m.

Marketplace
Yet another stockpile scramble

Got on at 7.50 in the hopes that maybe I could be first in line.

Marketplace
Yet another stockpile scramble

And I would say under two or three minutes, I had an accepted, no error approved refund submission.

Marketplace
Yet another stockpile scramble

Wells owns Sarah Wells Bags, which makes products for new moms.

Marketplace
Yet another stockpile scramble

She was surprised everything went so smoothly, especially after how hard it was to do the first step, setting up a refund account.

Marketplace
Yet another stockpile scramble

It's cumbersome.

Marketplace
Yet another stockpile scramble

It's technologically kind of glitchy.

Marketplace
Yet another stockpile scramble

There's a lot of terminology and acronyms that I had no idea.

Marketplace
Yet another stockpile scramble

Wells hopes to get about $20,000 back from the government, including interest, in 60 to 90 days.

Marketplace
Yet another stockpile scramble

I don't think it's going to sit in my account very long.

Marketplace
Yet another stockpile scramble

She needs more inventory, and there are still other tariffs to pay.

Marketplace
Yet another stockpile scramble

Ashley Akers is a partner at Holland & Knight, whose clients range from small companies applying for thousands of dollars in refunds to large corporations owed millions.

Marketplace
Yet another stockpile scramble

She says for the majority of businesses, refund applications have been drama-free, but a lot is still up in the air.

Marketplace
Yet another stockpile scramble

Questions like, when can I collect the rest of the refund I'm owed?

Marketplace
Yet another stockpile scramble

Phase one of the tariff refund process covers about 60 percent of what's owed.

Marketplace
Yet another stockpile scramble

It means most companies will have to go through this all over again.

Marketplace
Yet another stockpile scramble

And U.S.

Marketplace
Yet another stockpile scramble

Customs and Border Protection hasn't given a timeline for phase two.

Marketplace
Yet another stockpile scramble

Anne Robinson owns a specialty grocery in Greensboro, North Carolina, called Scottish Gourmet USA.

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