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The Modern Retail Podcast

Digiday

An emergency tariffs episode

Feb 21, 202628 min
Summary

In this emergency episode of The Modern Retail Podcast, executive editor Anna Hensel, special projects editor Melissa Daniels, and senior reporter Gabriela Barkho examine the recent Supreme Court ruling that struck down President Trump’s sweeping international tariffs. The team analyzes the 6-3 decision, which found that the administration exceeded its legal authority under the International Emergency Economic Powers Act. Listeners will hear a detailed breakdown of what this legal development means for the retail sector, specifically addressing the difficult question of whether companies might be eligible for refunds on tariffs paid over the past year. The hosts also explore the broader implications for the push toward domestic manufacturing and discuss what industry leaders should watch for as the administration seeks alternative paths to enforce its trade agenda. It is a critical update for any retailer navigating this uncertain economic landscape.

Updated May 10, 2026

About This Episode

In a blow for President Donald Trump's tariff agenda, the U.S. Supreme Court ruled on Feb. 20 that the Trump administration exceeded its authority under the International Emergency Economic Powers Act in a 6-3 decision. In other words, they deemed that the sweeping tariffs he issued on Liberation Day against nearly every U.S. trading partner were unlawful. Now, many people in the retail industry, whose companies have been impacted by these tariffs, are left wondering what will happen next in the days and weeks to come. In this emergency episode of the Modern Retail Podcast, executive editor Anna Hensel, special projects editor Melissa Daniels and senior reporter Gabriela Barkho break down what the Supreme Court ruling means for brands and retailers. They get into: Their initial reactions to the news that the Supreme Court struck down President Trump's tariffs.  Whether or not brands and retailers will be able to get refunds for the tariffs they paid over the past year.  What this could mean in the push for more domestic manufacturing.  What they'll be watching next as President Trump vows to impose his tariffs agenda through other means.

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