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Who's getting those tariff refunds?

Marketplace

Marketplace

News, Business

4.68.5K Ratings

🗓️ 8 May 2026

⏱️ 28 minutes

🧾️ Download transcript

Summary

U.S. Customs and Border Protection has begun processing applications for tariff refunds after the Supreme Court ruled against swaths of President Trump’s import taxes. But limitations on who can file have left some business owners out of luck, and those who are eligible must weigh how much of the refund they should pass down the line. Also on the program: the jobs report, tech layoffs, and what the Spirit Airlines shutdown could mean for a Florida airport. Plus: a look into Sparrow’s Nest Studio, Manhattan’s “home for mahjong.”


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Transcript

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0:00.0

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0:07.0

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0:13.9

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0:20.8

Be one of 500 gifts needed by Friday to unlock $25,000 in extra funding.

0:26.1

Donate now at Marketplace.org or click the link in the show notes.

0:30.0

And as always, thanks.

0:35.3

On this Friday, some jobs, a dash of tariffs, aviation, and we'll play some majon.

0:43.8

From American public media, this is Marketclass.

0:52.2

In Los Angeles, I'm Kyle Rizzdahl.

0:59.5

It is Friday today, May the 8th.

1:01.9

Good as always, to have you along, everybody.

1:04.4

All right, seven minutes, this whole economy, and what the heck is going on?

1:08.9

Let's see if we can do it.

1:10.0

Heather Long is at Navy Federal Credit Union.

1:12.0

Greg Ip is at the Wall Street Journal. Hey, you too.

1:15.2

Hey, Kai.

1:16.6

All right, Heather, you get the first bite at the apple here.

1:18.9

115,000 new jobs in this economy in the month of April. The rate stayed steady at 4.3%. Discuss, please.

1:31.7

Look, I thought it was a good report. You know, $15,000 is double what was expected. As you noted, the unemployment rates stayed steady. And what really got me excited is we

1:37.1

finally saw some hiring in an industry other than health care. You know, we saw a big jump in

1:42.5

transportation and warehouse jobs.

1:45.3

We had retail was up, a little bit of hospitality, construction, and social assistance.

...

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