‘People are trying to be creative’: Tariff-battered American companies are so cash-starved they are using refund claims as collateral for loans

When the Supreme Court struck down President Donald Trump’s tariffs two months ago, many companies rejoiced at the prospect of returning to pre-tariff prices and the possibility of getting a refund back from the government. However, the ruling may have also created a $166 billion problem.  U.S. importers—who have shouldered the brunt of the tariffs—are now […]

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