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U.S. Tariff Refunds for European Companies

Learn how eligible European companies can receive U.S. tariff refunds through a U.S.-based USD account with ACH capability, and how Corpay Multi-Currency Accounts may help.

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By Cross-Border
Aug 19, 2026
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Wall Street Journal / Dow Jones: Trump's New 50% Levy Unlikely to Exert Broad Damage in Canada, Economists Say

Wall Street Journal / Dow Jones: Trump's New 50% Levy Unlikely to Exert Broad Damage in Canada, Economists Say

“Karl Schamotta, chief market strategist at global-payments firm Corpay Cross-Border Solutions, said the key implication for Bank of Canada policy stemming from Trump's new tariff plan is a new layer of uncertainty facing businesses and households...”

Choosing a new global payments provider: Avoiding pitfalls in a digital age
Cross-BorderGlobal payments

Choosing a new global payments provider: Avoiding pitfalls in a digital age

Shortlisting cross border payments companies? Use this evaluation checklist to assess international payment compliance, pricing, and risk.

CBC: Tariffs could be a tactic — or a major blow to the economy

CBC: Tariffs could be a tactic — or a major blow to the economy

“Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions, says the latest round of tariffs risks deepening the tit-for-tat spiral of retaliation and dragging Canada's currency to a weaker place.

Reuters: Global pension funds pull back on FX hedges as dollar woes ease

Reuters: Global pension funds pull back on FX hedges as dollar woes ease

"The reversal is easing pressure on the greenback and further undermining the briefly popular narrative that investors were moving away ​from the dollar in a sell America trade. Although comprehensive hedging data are scarce..", ​Karl Schamotta, Corpay.

CNBC: Dollar weakens on soft U.S. inflation data for June

CNBC: Dollar weakens on soft U.S. inflation data for June

“Fed governor Christopher Waller said yesterday, ‘sternly staring at inflation until it melts before our withering ‌gaze is not an option,’ but that’s exactly what seems to be playing out,” said Karl Schamotta, chief market strategist, at Corpay.

The Hub: Canadian dollar reaches 14-month low, near 70 cents to the U.S. dollar—main driver is diverging interest rates, not CUSMA

The Hub: Canadian dollar reaches 14-month low, near 70 cents to the U.S. dollar—main driver is diverging interest rates, not CUSMA

"Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions, argued the loonie’s weakness is more about the surging U.S. economy than domestic issues.

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