Tariff Refunds Draw Wall Street Interest

Wall Street firms are eyeing a lucrative new market: buying up legal rights to tariff refunds from major American importers. As the U.S. Supreme Court prepares to hear a challenge to the legality of President Trump’s expansive tariff regime, financial firms are offering to purchase those refund claims at steep discounts—effectively betting that the Court will invalidate the levies and trigger multibillion-dollar payouts.

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October 2025 Export Practitioner

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