So what if you don't want to pay tariffs?
November 09, 2018
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.