A New Loan Collateral: Tariff Refunds
the deep dive [Unofficial]
April 2, 2026
Tariff refund claims tied to President Donald Trump’s now-overturned “Liberation Day” tariffs are emerging as a new pocket of structured finance, as importers explore using those claims as collateral for loans instead of selling them outright at a discount. The US Supreme Court declared the tariffs illegal in February, but more than 330,000 importers that […]
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