Rick Woldenberg runs two educational-toy businesses near Chicago, Learning Resources and hand2mind. The firms are considered to be among the world leaders in the development of over 2,000 experiential, hands-on learning materials, which are sold in more than 100 countries. But their products have been hit especially hard by President Donald Trump’s fluctuating global tariffs. Woldenberg’s companies sued last April to invalidate the tariffs as exceeding the president’s authority. The suit is now before the Supreme Court in one of the most economically important clashes in the country's history.
As global corporations await the American high court's ruling on the tariffs' legality, Woldenberg details their impact on his family-run firms, and how he's weathering the storm. Rick speaks with Carol Massar, Tim Stenovec and Bloomberg News Supreme Court Reporter on Bloomberg Businessweek Daily.
See omnystudio.com/listener for privacy information.
