Trump Tariffs Force Importers into High-Cost Loans

Importers are facing severe cash flow issues due to President Trump's tariffs, compelling some to resort to risky, high-interest loans to cover upfront costs.

16 Feb, 09:42 — 16 Feb, 09:42

Coverage (1 source)

NPR16 Feb, 09:42

How Trump's tariffs push some importers into risky, high-cost loans

President Trump's tariffs can create a cash crunch for importers. They have to pay the tariff bill before they can sell their products. Some have turned to a costly form of credit. But what looks like a helping hand can turn out to be a financial chokehold.

By Scott Horsley

Read at source →