Retailers are selling their tariff refunds on the cheap for a quick infusion of cash
- Some companies and businesses awaiting tariff refunds from the Trump administration have reportedly sold the rights to their owed funds to third parties in exchange for quick cash.
- Over the last year, GoPro, American Eagle Outfitters, The Children’s Place and other companies have struck deals with buyers offering cash in exchange for the rights to multi-million dollar tariff refunds, the Wall Street Journal and Retail Dive reported.
- American Eagle Outfitters, for example, sold $68.9 million of its tariff refund claims in exchange for $18.6 million in cash, the company said in its 2026 Q1 report.
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- Some companies and businesses awaiting tariff refunds from the Trump administration have reportedly sold the rights to their owed funds to third parties in exchange for quick cash.
- Over the last year, GoPro, American Eagle Outfitters, The Children’s Place and other companies have struck deals with buyers offering cash in exchange for the rights to multi-million dollar tariff refunds, the Wall Street Journal and Retail Dive reported.
- American Eagle Outfitters, for example, sold $68.9 million of its tariff refund claims in exchange for $18.6 million in cash, the company said in its 2026 Q1 report.
Sources: The Independent