# The Toymaker vs. the Tariffs

Page: https://stenobird.com/podcast/chinatalk-418044/the-toymaker-vs-the-tariffs
Text version: https://stenobird.com/podcast/chinatalk-418044/the-toymaker-vs-the-tariffs.md
Podcast: [ChinaTalk](https://stenobird.com/podcast/chinatalk-418044)
Published: 2026-03-19T08:21:00+00:00
Episode link: https://pscrb.fm/rss/p/traffic.megaphone.fm/CHTAL2100857730.mp3
Audio file: https://pscrb.fm/rss/p/traffic.megaphone.fm/CHTAL2100857730.mp3
Processing state: processed
JSON: https://stenobird.com/v1/public/podcasts/chinatalk-418044/episodes/the-toymaker-vs-the-tariffs
Duration seconds: 2011

## Resource

A century-old toy company has taken down Trump’s Liberation Day tariffs with a self-funded lawsuit. But how? Today’s guest is Rick Woldenberg, CEO of Learning Resources, creator of Spike the Fine Motor Hedgehog, and a successful Supreme Court plaintiff in Learning Resources, Inc. v. Trump. Co-hosting is Peter Harrell, who submitted an amicus brief on the tariff case that shook the world. Our conversation covers: David v. Goliath — Why a mid-sized toy company sued when industry giants stayed silent, and what that says about incentives and courage in corporate America. The Existential Math — How tariff costs were set to jump from $2 million to $100 million, putting 500 jobs and a century-old family business at risk. Why Manufacturing Stays in China — The hard economics of toy production, supply-chain concentration, and why moving to Vietnam, India, or Mexico isn’t a simple fix. Rule of Law and Refunds — What it means to win at the Supreme Court, what should happen with the overcollected tariffs, and the constitutional guardrails around taxation. Legacy and Responsibility — Why taking a stand was necessary to protect this company’s mission. Learn more about your ad choices. Visit megaphone.fm/adchoices

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## Transcript

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