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In February, the U.S. Supreme Court ruled that tariffs enacted by President Donald Trump's administration, and using the International Emergency Economic Power Act, were illegal. In light of the ruling, the president quickly enacted other tariffs, but the Supreme Court's decision did not go unnoticed. Several international companies, such as Costco, Nintendo, Dole Fresh Fruit Co. and Memphis' own FedEx, want refunds on the billions in duties they've paid over the past year.
Today we're joined by business reporter Steve Bohnel to talk about what the companies are doing to get their money back and what it might mean, way in the future, for the American consumer.
Plus:
By The Daily Memphian4.8
88 ratings
In February, the U.S. Supreme Court ruled that tariffs enacted by President Donald Trump's administration, and using the International Emergency Economic Power Act, were illegal. In light of the ruling, the president quickly enacted other tariffs, but the Supreme Court's decision did not go unnoticed. Several international companies, such as Costco, Nintendo, Dole Fresh Fruit Co. and Memphis' own FedEx, want refunds on the billions in duties they've paid over the past year.
Today we're joined by business reporter Steve Bohnel to talk about what the companies are doing to get their money back and what it might mean, way in the future, for the American consumer.
Plus:

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