Tariff-struck companies exploring loans backed by refund claims​

Corroborated by 2 sources from 2 publishers

globalpolitics3d ago

TL;DR

By Laura Matthews and Timothy Aeppel NEW YORK, April 2 (Reuters) - Some tariff-whiplashed companies are exploring using refund claims as collateral for loans, in the latest example of creative financing arising from the complicated process of getting refunds from Donald Trump's now-overturned "Liberation Day" tariffs. The move is a sign that importers may be able to use their claims to meet short-term funding needs - long before they collect refunds on Trump's tariffs, which were declared illegal by the U.S. Supreme Court in February.

Sources