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Stock impact report

Bessent says U.S. Treasury can easily pay for any tariff refunds [Seeking Alpha]

BorgWarner Inc. (BWA) 
Last borgwarner inc. earnings: 2/13 06:30 am Check Earnings Report
US:NYSE Investor Relations: borgwarner.com/investors
Company Research Source: Seeking Alpha
Bessent told Reuters that the government has more than enough funds to cover any tariff refunds in case of an Newsletters for Every Investor Get daily, sector-specific newsletters packed with expert insights, fresh ideas, and new opportunities. Subscribe to Newsletters Sign Up Quick Insights The Treasury Secretary stated there are sufficient funds ($774B cash) to cover potential $150B in tariff refunds, and payouts would be spread over time if required. Companies like Costco, BorgWarner, Standex International, Teladoc Health, Moog, Astronics, G-III Apparel, Lifetime Brands, Plexus, Goodyear, Weyco Group, EssilorLuxottica, Dole, and e.l.f. Cosmetics are involved in lawsuits and could benefit. The Treasury Secretary argued companies rarely passed on tariffs to consumers, implying consumers may not directly benefit from refunds. Recommended For You More Trending News Show less Read more
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