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Donald Trump stands behind a podium while pointing a finger in front of him.
‘People are trying to be creative’: Tariff-battered American companies are so cash-starved they are using refund claims as collateral for loans

“It’s coming to the point where some people might have no choice,” one CEO told Fortune, saying more firms are looking to leverage refund claims from the levies.

By Sasha RogelbergApril 12, 2026
A Starbucks barista stands behind a cash register.
Starbucks’ game plan to roll out AI chatbots at cafés could serve as a ‘litmus test’ for the industry, analyst says
By Sasha RogelbergApril 11, 2026
The Navy confirmed an ‘abundant amount’ of Uncrustables when the Artemis II crew lands. Smucker’s just offered them a lifetime supply
The Navy confirmed an ‘abundant amount’ of Uncrustables when the Artemis II crew lands. Smucker’s just offered them a lifetime supply
By Catherina GioinoApril 10, 2026
Nutella seen aboard the Orion spacecraft Integrity.
Nutella jumps on the best product placement money can’t buy: A trip to the far side of the Moon
By Catherina GioinoApril 9, 2026
JFK, jr and Carolyn Bessette walk their dog in New York City.
Levi’s 517 jeans sales jump 25% thanks to ‘Love Story’ and the Carolyn Bessette Kennedy effect
By Molly Liebergall and Morning BrewApril 9, 2026
erewhon
Americans hate the economy so much, they’re buying $22 smoothies
By Yuanyuan (Gina) Cui, Patrick Van Esch and The ConversationApril 9, 2026
Latest Stories
middle
EconomyTurns out the American middle class didn’t die. It got richer—and felt poorer
By Nick LichtenbergApril 12, 2026
boomer
CommentaryAmerica is not ready for its own longevity crisis — and 2026 is the wake-up call
By Aimee DeCamillo and Diane TyApril 12, 2026
Wemimo Abbey and Samir Goel, the cofounders of fintech company Esusu
SuccessThese cofounders quit corporate jobs, took on $100K in credit card debt, and slept in a Denny’s—now their $1.2B company is backed by Serena Williams
By Emma BurleighApril 12, 2026
layoff
CommentaryThe middle manager cuts saving you millions today will cost you everything in 2028
By Kristien TurnerApril 12, 2026
Born in Soviet Union, Grindr CEO was told he had two career options: Learn English or how to shoot a gun
SuccessBorn in Soviet Union, Grindr CEO was told he had two career options: Learn English or how to shoot a gun
By Orianna Rosa RoyleApril 12, 2026
Former Citgo Petroleum interim CEO José Pereira was one of the 'Citgo Six' political prisoners held captive in Venezuela for nearly five years.
EnergyFormer ‘Citgo 6’ political prisoner sees ‘karma’ in Maduro ouster, but Venezuelan oil won’t rebound until there’s true regime change
By Jordan BlumApril 12, 2026
JD Vance leaves Pakistan after marathon talks with Iran end without a deal as Tehran refuses U.S. demand not to develop nuclear weapons
PoliticsJD Vance leaves Pakistan after marathon talks with Iran end without a deal as Tehran refuses U.S. demand not to develop nuclear weapons
By Munir Ahmed, E. Eduardo Castillo, Samy Magdy, Cara Anna, Ben Finley, Collin Binkley and The Associated PressApril 11, 2026
Trump downplays talks for ceasefire deal with Iran, claiming military victory. ‘It doesn’t matter. From the standpoint of America, we win’
PoliticsTrump downplays talks for ceasefire deal with Iran, claiming military victory. ‘It doesn’t matter. From the standpoint of America, we win’
By The Associated PressApril 11, 2026
More RetailPage 25 of 100
Donald Trump holds up his list of reciprocal tariffs by country on Liberation Day
RetailYou have 81 days. Here’s what you should stock up on before Trump’s global tariffs kick in
By Dave SmithApril 10, 2025
  • Hands hold a blouse in front of a laptop
    RetailThe tariff loophole that drove Shein and Temu to fast-fashion dominance is closing in a month
    By Irina IvanovaApril 4, 2025
people walking outside prada store
FinancePrada just made the biggest purchase in its history by buying Versace for $1.4 billion, bringing the two Italian luxury labels together
By Prarthana PrakashApril 10, 2025
Colorful iPhones displayed at an Apple Store
BusinessGet ready to pay more than $2,000 for a new iPhone: Experts say Trump’s 125% tariff on China is a ‘complete disaster for Apple’ akin to ‘Armageddon’
By Preston ForeApril 10, 2025
Half-full shelves in a supermarket egg section
RetailAmerica’s largest egg producer saw profits triple last quarter after raking in millions in government assistance
By Irina IvanovaApril 10, 2025
Versace fashion show during the Milan Fashion Week Womenswear Fall/Winter 2024-2025
RetailPrada scores a $200 million discount on imminent Versace deal thanks to tariff uncertainty, report says
By Prarthana PrakashApril 10, 2025
Wolfsburg on edge: Volkswagen’s hometown workers fear ‘idiocy’ of America’s trade war
RetailWolfsburg on edge: Volkswagen’s hometown workers fear ‘idiocy’ of America’s trade war
By Raphaelle Logerot and AFPApril 10, 2025
  • The new partnership between Affirm and Experian means the impulse-buying economy will be running headlong into America’s data-mining ecosystem
    RetailThe new partnership between Affirm and Experian means the impulse-buying economy will be running headlong into America’s data-mining ecosystem
    By Irina IvanovaApril 4, 2025
Traders work on the floor of the New York Stock Exchange
FinanceEvery single portfolio manager is now trying to figure out how long the roller coaster will last
By Amanda GerutApril 9, 2025
A $5 million Idaho company that sells on Amazon shows how China tariffs will crush ‘Main Street’ U.S. firms — while Chinese rivals, and Amazon, will be fine
FinanceA $5 million Idaho company that sells on Amazon shows how China tariffs will crush ‘Main Street’ U.S. firms — while Chinese rivals, and Amazon, will be fine
By Jason Del ReyApril 9, 2025
Cathie Wood, Founder and CEO, Ark Invest, speaks during the second day of the FII PRIORITY Summit held at the Faena Hotel on February 20, 2025 in Miami Beach, Florida.
FinanceCathie Wood raises fears there are ‘serious liquidity issues in the U.S. banking system’ as Trump tariffs hit
By Christiaan HetznerApril 9, 2025
Ed Bastian
FinanceDelta CEO warns Trump tariffs are already threatening the $300 billion revenge travel market: ‘We’re acting as if we’re going into a recession’
By Ashley LutzApril 9, 2025
EU adopts tariffs on €21 billion of U.S. goods in metals fight
PoliticsEU adopts tariffs on €21 billion of U.S. goods in metals fight
By Jorge Valero, Alberto Nardelli and BloombergApril 9, 2025
  • Volkswagen working to ‘quantify the impact’ of Trump tariffs on U.S. sales
    RetailVolkswagen working to ‘quantify the impact’ of Trump tariffs on U.S. sales
    By AFPApril 4, 2025
Italy’s luxury furniture industry faces fresh crisis as Trump tariffs threaten a third of their exports: ‘We always find a solution’
RetailItaly’s luxury furniture industry faces fresh crisis as Trump tariffs threaten a third of their exports: ‘We always find a solution’
By Brigitte Hagemann and AFPApril 9, 2025
Lego's new Vietnam factory opened Wednesday.
RetailLego opens a $1 billion factory in Vietnam as global demand for its brick toys flourishes
By Prarthana PrakashApril 9, 2025
Michelle Obama speaks on stage during IMO Live podcast 2025 SXSW Conference and Festival at Austin Convention Center on March 13, 2025 in Austin, Texas.
FinanceA hedge fund is betting the $55 billion Monster energy empire will be toppled by rivals like Celsius and a ‘wellness’ brand backed by Michelle Obama
By Amanda GerutApril 9, 2025
The cover of Joe Manchin's memoir
RetailJoe Manchin, the former Democrat criticized for often siding with Republicans, will release a memoir later this year called ‘Dead Center’
By Hillel Italie and The Associated PressApril 8, 2025
U.S. Secretary of Treasury Scott Bessent and U.S. President Donald Trump look on during The White House Digital Assets Summit in the State Dining Room of the White House on March 07, 2025 in Washington, DC.
PoliticsMarkets will keep tanking until Trump tells them what it is he actually wants, Treasury’s Bessent reportedly tells president
By Christiaan HetznerApril 8, 2025
Duchess Meghan’s new podcast focuses on startup founder life at a moment of market turbulence
TechDuchess Meghan’s new podcast focuses on startup founder life at a moment of market turbulence
By Allie GarfinkleApril 8, 2025
Exclusive: U.S. Chamber of Commerce is considering suing the Trump administration to halt global tariff assault
FinanceExclusive: U.S. Chamber of Commerce is considering suing the Trump administration to halt global tariff assault
By Jason Del ReyApril 7, 2025
Target’s foot traffic keeps falling amid boycotts and slashed DEI efforts—and it could be a problem that ‘isn’t going to go away’ for the retailer, expert says
RetailTarget’s foot traffic keeps falling amid boycotts and slashed DEI efforts—and it could be a problem that ‘isn’t going to go away’ for the retailer, expert says
By Retail BrewApril 7, 2025
Bill Ackman attends Legion of Honour Award Ceremony and Dinner at the Park Avenue Armory in New York City.
PoliticsInvestor Bill Ackman pleads with Trump White House not to declare a ‘global economic war against the whole world at once’
By Christiaan HetznerApril 7, 2025
President Donald Trump holds up a copy of a 2025 National Trade Estimate Report
NewslettersAs tariffs pummel stock prices, venture investors anxiously wait for the impact on consumer spending
By Leo SchwartzApril 7, 2025
Photo of Kim Jong Un
TechThousands of North Korean IT workers have infiltrated the Fortune 500—and they keep getting hired for more jobs
By Amanda GerutApril 7, 2025
Ryanair caught in the crossfire as Western Sahara flights become flashpoint for Morocco-Polisario political conflict
RetailRyanair caught in the crossfire as Western Sahara flights become flashpoint for Morocco-Polisario political conflict
By AFPApril 7, 2025
A man takes a picture of a giant model replica of a new Rolex land-dweller model
RetailSwiss watches will face some of the highest U.S. tariffs at 31%—and its ripple effects will change the industry’s dynamic
By Prarthana PrakashApril 7, 2025
Americans scramble to buy cars, laptops and other big-ticket items before tariffs kick in — ‘who knows what next Wednesday might be like’
RetailAmericans scramble to buy cars, laptops and other big-ticket items before tariffs kick in — ‘who knows what next Wednesday might be like’
By Claire Rush, Mark Thiessen and The Associated PressApril 5, 2025
White House Senior Advisor, Tesla and SpaceX CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House on March 24, 2025 in Washington, DC.
FinanceTesla estimates cut further on ‘unprecedented brand damage’
By Craig Trudell, Subrat Patnaik and BloombergApril 4, 2025
Young upset woman sitting at home, frustrated with family financial problems, paying bills taxes online on computer in the evening
RetailTrump’s latest tariffs will increase the cost of building a new home by an average of $9,200
By Wyatte Grantham-Philips, Cora Lewis and The Associated PressApril 4, 2025
Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, California on March 14, 2019.
RetailElon Musk’s Tesla may be the least vulnerable EV maker under Trump’s tariffs—but the rest of the multibillion-dollar industry is collateral damage
By Alexa St. John and The Associated PressApril 4, 2025
From Stuttgart to Detroit: How Europe’s car giants are bracing for Trump’s tariff tsunami
RetailFrom Stuttgart to Detroit: How Europe’s car giants are bracing for Trump’s tariff tsunami
By AFPApril 4, 2025
U.S. President Donald Trump arrives to speak during a “Make America Wealthy Again” trade announcement event.
Politics‘There will be blood’: JPMorgan raises recession risk to 60% as global stock market sell off continues
By Christiaan HetznerApril 4, 2025
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'This is the last warning.' Iran threatens U.S. warships after they throw down the gauntlet for winner-take-all Strait of Hormuzplaceholder alt text
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