Planet Money

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

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Synopsis

Live event info and tickets here.The Supreme Court has spoken. Those big, sweeping tariffs that President Trump imposed early last year? They’re illegal. On today’s show: Why were those tariffs struck down? Will anyone get refunds? And …what about this new 10 percent tariff the President just announced today? Plus — a growing market for tariff refunds.Further Listening: - Worst. Tariffs. Ever.  - Tariffs: What are they good for?  - What "Made in China" actually means - The 145% tariff already did its damage  - Are Trump's tariffs legal? - Days of our Tariffs  - Trump's backup options for tariffs  - What would it mean to actually refund the tariffs? Pre-order the Planet Money book and get a free gift. / Subscribe to Planet Money+Listen free: Apple Podcasts, Spotify, the NPR app or anywhere you get podcasts.Facebook / Instagram / TikTok / Our weekly Newsletter.This episode was hosted by Jeff Guo, Mary Childs, and Sarah Gonzalez. It was produced by Sam Yellowhorse Kesler and Willa Rubin. It was edited by Mariann