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U.S. Customs and Border Protection is processing tariff refund applications after a Supreme Court ruling struck down swaths of import taxes, but eligibility restrictions have left some businesses out. The episode also covers the latest jobs report, ongoing tech layoffs, the Spirit Airlines shutdown and its implications for a Florida airport, and a visit to Sparrow’s Nest Studio, a Manhattan mahjong parlor.
This summary was generated from show notes and public descriptions, not from a full transcript review. Details may contain inaccuracies.
Highlights
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Tariff refunds create winners and losers after Supreme Court ruling
Businesses are beginning to file for tariff refunds after the Supreme Court invalidated parts of the Trump administration’s import taxes, but not everyone qualifies, and even eligible firms must decide how much of the refund to pass down the supply chain.Was this useful?