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Should we all be getting tariff refunds right now?

Overview

Shownote

Highlights

Transcript

Chapters

Pins

Should we all be getting tariff refunds right now?

Planet Money

18 HOURS AGO
Planet Money

Planet Money

18 HOURS AGO
OverviewShownoteHighlightsTranscriptChaptersPins

Shownote

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. ...

Highlights

Tariff refunds are reaching companies, but the customers who paid higher prices usually have no clear path to getting their money back.
00:48
Consumers paid, but companies got the refunds
09:01
The tariff became a checkout line item
14:49
Consumers are not in control of their refunds
19:58
The money is going to the wrong person
24:30
Panic gave every customer the tariff refund
27:51
Nintendo chose a sale over direct refunds

Chapters

The tariff charge on a Playdate
00:00
Why consumers cannot simply claim the money
10:41
What companies do with the refunds
18:56
The rare decision to give customers money back
27:06

Transcript

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