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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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Newsweek: US Trade War Could Be Bad News for Canadian Wallets

Newsweek: US Trade War Could Be Bad News for Canadian Wallets

“Trump commands no such backing at home,” writes Karl Schamotta, chief market strategist at the financial services firm Corpay Cross-Border Solutions.

Wall Street Journal: Canada Targets U.S. Metals, Foods, Motorcycles in Retaliatory Tariff Package

Wall Street Journal: Canada Targets U.S. Metals, Foods, Motorcycles in Retaliatory Tariff Package

'Karl Schamotta, chief market strategist at global-payments firm Corpay Cross-Border Solutions, said the Canada retaliation might backfire. “An intensified trade war will hurt the country more than the U.S.,” Schamotta said.

Axios: Mark Carney's defiance of Trump has Canada cheering

Axios: Mark Carney's defiance of Trump has Canada cheering

“Corpay Cross-Border Solutions chief market strategist Karl Schamotta said Monday that Carney appears to be betting that November's midterms will blunt Trump's tariff drive, "opening the way to a mutually beneficial deal."’

MarketWatch: Canada Dollar Weakens as Traders Reassess Outlook Amid Renewed Trade Row

MarketWatch: Canada Dollar Weakens as Traders Reassess Outlook Amid Renewed Trade Row

'The direct hit on Canada's growth should be manageable, said Karl Schamotta, chief market strategist at global payments company Corpay Cross-Border Solutions.

Globe and Mail: Canada wakes up to a trade war, and comes out fighting

Globe and Mail: Canada wakes up to a trade war, and comes out fighting

'Depending on scale, Ottawa’s retaliatory tariffs could stoke imported inflation, wrote Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions in a research note.

Financial Post: The loonie is rallying. Here's why top currency watchers don't think it will last

Financial Post: The loonie is rallying. Here's why top currency watchers don't think it will last

'Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions, said the Canadian dollar’s moves were primarily driven by the bond buyback announcement on Wednesday, when U.S.

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