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So what if you don’t want to pay tariffs?
Nov 9, 2018

So what if you don’t want to pay tariffs?

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It's been a long week. Let's take five minutes just to recap. We'll talk midterms, the Federal Reserve and more with the Wall Street Journal’s Kate Davidson and Politico Managing Editor Sudeep Reddy for the Weekly Wrap. Then, we'll get into tariffs, or more specifically, how to be exempt from paying tariffs. Since last March, the Commerce Department has been inundated with nearly 50,000 applications from steel and aluminum companies asking to be excluded from the tariffs — 10 times the amount it initially expected. So how does the Commerce Department choose who gets exempted? We dig into it. Plus, with tariffs there's always a catch, and the lobster industry is feeling it. We talk to Bloomberg’s Shawn Donnan about how Maine lobsters got caught in the trade war crossfire. 

Segments From this episode

To exempt or not: How the Commerce Department decides who pays steel tariffs

Nov 9, 2018
Data suggests industry objections weigh heavily in decisions.
A worker prepares to lift a roll of steel with a crane at a shipyard in Nantong in China's eastern Jiangsu province in May.
AFP/Getty Images

Another victim of the trade war: lobsters from Maine

Nov 9, 2018
Tariffs always come with a catch.
Maine has a lobster surplus.
Justin Sullivan/Getty Images

It’s been a long week. Let’s take five minutes just to recap. We’ll talk midterms, the Federal Reserve and more with the Wall Street Journal’s Kate Davidson and Politico Managing Editor Sudeep Reddy for the Weekly Wrap. Then, we’ll get into tariffs, or more specifically, how to be exempt from paying tariffs. Since last March, the Commerce Department has been inundated with nearly 50,000 applications from steel and aluminum companies asking to be excluded from the tariffs — 10 times the amount it initially expected. So how does the Commerce Department choose who gets exempted? We dig into it. Plus, with tariffs there’s always a catch, and the lobster industry is feeling it. We talk to Bloomberg’s Shawn Donnan about how Maine lobsters got caught in the trade war crossfire. 

Music from the episode

Mad Solange, Lil Wayne
Dark Days Local Natives
Dark Days Local Natives