Should we all be getting tariff refunds right now?
Companies are getting billions of dollars back. How about us? It seems simple, right? We paid higher prices for imported goods because of tariffs. Then the tariffs were ruled illegal. Courts said the money paid to the U.S. government had to be refunded. Companies are getting that money now. It would seem like we, the customers, should get paid back, too. But … it’s not so simple. Once again, we’re dipping back into the drama of import tax law. We’re engrossed in the ups, downs, betrayal, and romance of … the Days of our Tariffs. In this edition: “Refunds and Regrets.” How and why some companies and people are getting their IEEPA tariff refunds and other people are out of luck. Live Show: - Planet Money Live at Kilkenomics. Kilkenny, Ireland Nov. 6th - 7th Read Planet Money: - Our book: Planet Money: A Guide to the Economic Forces That Shape Your Life - Our weekly longform Planet Money newsletter - Our weekly Indicator round-up newsletter Follow Planet Money: - Instagram - TikTok - YouTube - Facebook Listen to more Planet Money: - Our short, daily podcast, The Indicator from Planet Money - Over 1,000 episodes in our archive on the NPR App Merch: - NPR Shop - The Planet Money game, Sell Me A Sasquatch Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include bonus episodes and sponsor-free listening. Learn more at plus.npr.org. This episode was hosted by Kenny Malone. It was produced by Sam Yellowhorse Kesler and James Sneed. It was edited by our executive producer Alex Goldmark. It was fact-checked by Sierra Juarez and Sam Yellowhorse Kesler. It was engineered by Jimmy Keeley and Cena Loffredo. Special thanks this week to everyone who wrote in with a tale of tariff drama. See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy
