Newell brands. It isn't a household name, but a lot of its brands, like crockpot,

rubber made, Yankee candle, and papermate. A lot of Newell's products are manufactured overseas,

and many of them were hit with tariffs.

Ultimately, Newell paid more than $170 million in tariffs last year.

This week, I spoke with Newell's CEO, Chris Peterson.

And if you're listening to this on Spotify, you can watch the interview, too.

I do want to address the big news from last week, which is that the Supreme Court ruled that many of the president's global tariffs are illegal.

And then he announced a new set of 15 percent tariffs across the board. How are you processing all of this?

You know, it's interesting. I was at a big investor conference on Friday, and I went on the

stage about an hour after the Supreme Court ruling came out, so it was good timing. That must have been

fun. And I said at the time that effectively, we're going to have to wait and see. It's unclear exactly

how all of this is going to play out.

The substantial majority of that money that we paid was under the AEPA tariffs,

which are the ones that the Supreme Court has ruled not valid.

And so there's sort of a couple of questions.

Number one is, are we entitled to a refund or not?

And that, I think, is going to go to a lower court to figure out.

But the more important question to your point is, what is the go forward?

As the company tries to find its footing in a shaky tariff landscape, it's also doing

something else, making more in the U.S.

One brand in particular, Sharpie.

Sharpie has recently gone from being made overseas into an almost completely American-made product.

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