Tariff-struck companies exploring loans backed by refund claims - Reuters
Tariff-struck companies exploring loans backed by refund claims Reuters
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<a href="https://news.google.com/rss/articles/CBMitwFBVV95cUxPdkRKSkktX3plaTRISjJvM1oyWDFOTTlxeUFBTExlUUtxaGNqODdwNURlcFhKOVlaUU5PVGRxX3c0dTc3RTBIOFBEVlhUSlNid0dWM05MVnFzSnhYWktjQmxvQXo1RFY2ZlBHN1RBZTJVOUpNaTJnU0xxVjBmelFhcHpXSXBXN1FPbTh4TG4tUkFMWU8zanZqZ2w3X3UyZzFESWxNcl9TbERzaklPOG1wTWNtX2I5Vms?oc=5" target="_blank">Tariff-struck companies exploring loans backed by refund claims</a> <font color="#6f6f6f">Reuters</font>
Some companies affected by tariffs are considering using refund claims as collateral for loans, aiming to secure short-term funding while awaiting refunds from overturned tariffs.
US importers are turning to tariff refund claims as loan collateral due to delays in receiving refunds from tariffs that were canceled by the Trump administration.
A proposed class action accuses Costco of unjust enrichment for collecting tariff costs from consumers and simultaneously seeking refunds from the federal government.
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