ARTICLE
6 March 2026

The Impact Exchange: On Tariffs: Kate Kalutkiewicz Is Right Again (Podcast)

AC
Ankura Consulting Group LLC

Contributor

Ankura Consulting Group, LLC is an independent global expert services and advisory firm that delivers services and end-to-end solutions to help clients at critical inflection points related to conflict, crisis, performance, risk, strategy, and transformation. Ankura has more than 2,000 professionals serving 3,000+ clients across 55 countries. Collaborative lateral thinking, hard-earned experience, and multidisciplinary capabilities drive results and Ankura is unrivalled in its ability to assist clients to Protect, Create, and Recover ValueTM. For more information, please visit, ankura.com.
The Supreme Court just proved Kate Kalutkiewicz right. Tariffs are a defining trade story of this administration — and then, after we stopped recording, the Supreme Court struck them down.
United States International Law
John Frehse’s articles from Ankura Consulting Group LLC are most popular:
  • with readers working within the Retail & Leisure industries
Ankura Consulting Group LLC are most popular:
  • within Antitrust/Competition Law and Insolvency/Bankruptcy/Re-Structuring topic(s)

The Supreme Court just proved Kate Kalutkiewicz right.

Tariffs are a defining trade story of this administration — and then, after we stopped recording, the Supreme Court struck them down.

That timing makes this episode of The Impact Exchange even more essential listening.

In this conversation, Kate Kalutkiewicz, Trade Practice leader at McLarty Associates, explains why tariffs were never a short‑term tactic, why their legal foundation always mattered, and why volatility — not certainty — was the most likely outcome. Kate walked through the constitutional risks, the economic trade‑offs, and the unintended consequences businesses and consumers are now facing in real time.

As Kate explains, tariffs raised costs, strained supply chains, and forced companies into challenging choices — leaving open the question of who actually benefits if tariffs are unwound. The Supreme Court's decision doesn't end the tariff story. It complicates it.

This episode explores:

  • Why tariffs were deployed so aggressively — even against allies
  • What happens if tariffs are ruled unconstitutional
  • Who gets refunded if tariffs are struck down — and who does not
  • Why businesses hoping for certainty may get more chaos instead

If you want to understand why this moment was coming and what comes next after the Court's decision — then this is an episode not to miss.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

[View Source]
See More Popular Content From

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More