2026-02-27
23 分钟Newell Brands.
It isn't a household name, but a lot of its brands are,
like Crockpot, Rubbermaid, 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 the new CEO, Chris Peterson.
And if you're listening to this on Spotify, you can watch the interview too.
But 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% 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 a good time, mate.
That must have been fun.
And I said at the time that...
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 IEPA tariffs,