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

Planet Money

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 Marianne McCune. It was fact-checked by Sierra Juarez. Alex Goldmark is Planet Money’s executive producer. 

See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.

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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 Marianne McCune. It was fact-checked by Sierra Juarez. Alex Goldmark is Planet Money’s executive producer. 

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
2026-02-21 25 min
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