What the 1956 Suez Crisis says about Iran and the limits of U.S. power

Oil prices were up again on Monday after Iran once again shut down the Strait of Hormuz in retaliation for President Trump's decision to extend a blockade of Iranian ships. Foreign affairs columnist Ishaan Tharoor says Trump's current headache echoes one of history’s most revealing strategic failures. He joins us. 

Then, the federal government just launched a portal where small businesses can apply for refunds from tariffs that the Supreme Court struck down earlier this year. Emily Ley, the owner of a small stationery business, talks about what the refund process may be like for her.

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