{"podcast":{"title":"The Freight Buyers' Club","slug":"the-freight-buyers-club-5997309","podcast_index_feed_id":5997309,"rss_url":"https://feeds.castos.com/2n9kq","website_url":"https://thefreightbuyersclub.com/","image_url":"https://episodes.castos.com/63bfb95e422709-98786477/images/0857-006-3000x3000.jpg","author":"Mike King","episode_count":148,"summary":"The Freight Buyers’ Club podcast is a new home for anyone with a professional interest in international trade, container shipping, procurement, logistics and air cargo. Each episode your host, award-winning journalist Mike King, will be speaking to leading decision-makers, analysts, journalists, operators and shippers to get their take on current freight and logistics markets and the challenges and opportunities ahead. You can subscribe to receive each episode direct to your inbox at: thefreightbuyersclub.com","last_synced_at":"2026-07-14T02:18:08.829520+00:00","page_url":"https://stenobird.com/podcast/the-freight-buyers-club-5997309"},"episode":{"title":"Death by a thousand paper cuts: US tariffs, freight fraud and the cost of war","slug":"death-by-a-thousand-paper-cuts-us-tariffs-freight-fraud-and-the-cost-of-war","published_at":"2026-05-14T08:49:18+00:00","page_url":"https://stenobird.com/podcast/the-freight-buyers-club-5997309/death-by-a-thousand-paper-cuts-us-tariffs-freight-fraud-and-the-cost-of-war","show_page_url":"https://stenobird.com/podcast/the-freight-buyers-club-5997309","url":"https://the-freight-buyers-club.castos.com/episodes/death-by-a-thousand-paper-cuts-us-tariffs-freight-fraud-and-the-cost-of-war","audio_url":"https://dts.podtrac.com/redirect.mp3/episodes.castos.com/63bfb95e422709-98786477/2462460/c1e-ok0w3ajm0g5h8n2jm-xxkxk800fo68-a76esc.mp3","summary":"The Trump administration’s tariff programme has suffered another legal defeat. The US Court of International Trade ruled 2-1 against the 10% Section 122 global surcharge, the replacement for the IEEPA reciprocal tariffs struck down by the Supreme Court in February. So which tariffs are actually still standing, and what comes next? Mike King is joined by Karen Kenney, founder and president of K2 Trade Solutions and Dimerco Express Group Trade Compliance Strategist, and Nancy O’Liddy, Executive Director of the National Industrial Transportation League, to map out the current tariff landscape, explain how the four remaining pillars stack, and look at what the $166 billion CAPE refund process means in practice for importers. They also get into tariff fraud, including transshipment evasion, the growing risk of refund interception through the CAPE portal, and double-brokering in US domestic freight. Plus: diesel prices up 60% year on year, carrier surcharges, the Federal Maritime Commission’s pushback, and what the war in the Middle East actually means for shipping costs. And Nancy O’Liddy on why the NITL is calling for the Union Pacific and Norfolk Southern merger to be denied. A wide-ranging, practical episode for anyone managing freight costs or supply chain risk in 2026. Produced with the support of Dimerco Express Group: https://dimerco.com Contents 0:03:00 The Section 122 ruling: another legal defeat for Trump tariffs 0:06:00 Which tariffs are actually still standing? 0:08:00 The global tariff map: what it means by country and product 0:11:00 Tariff stacking explained: how 80% ends up on a tin can 0:15:00 The $166 billion refund: how the CAPE process is working in practice 0:23:00 Transshipment fraud: the $107 billion evasion problem 0:30:00 Refund fraud and the risk b…","meta_description":"The Trump administration’s tariff programme has suffered another legal defeat. The US Court of International Trade ruled 2-1 against the 10% Section 122 g…","key_points":[],"chapters":[],"topics":[],"duration_seconds":3004,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-freight-buyers-club-5997309/episodes/death-by-a-thousand-paper-cuts-us-tariffs-freight-fraud-and-the-cost-of-war/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-freight-buyers-club-5997309/death-by-a-thousand-paper-cuts-us-tariffs-freight-fraud-and-the-cost-of-war.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}