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nypost.comCompanies that paid President Trump’s global tariffs have begun receiving refunds from U.S. customs authorities. The payments mark the first returns of duties collected under the tariff program. Questions remain about how businesses will use the refunded money.
Substrate placeholder — needs reviewAmerican companies are increasingly using claims for tariff refunds as collateral for loans due to cash shortages. Fortune.com reported that one CEO stated some firms have no choice but to pursue this option. The practice involves leveraging refunds from the levy on imported good…
Substrate placeholder — needs reviewA startup's valuation has increased to roughly five times its quoted value from five months ago. This development reflects changes in the company's assessment by investors or stakeholders. Details on the specific startup and context remain limited in available reporting.