HSBC launched a loan specifically to help businesses deal with the cost of tariffs

Contributing sentiments towards policy:

62% : It adds to an already existing program launched in 2023 to help businesses deal with the costs of international trade.
57% : "By settling import duties directly and frictionlessly through HSBC TradePay, our US clients have more visibility and control over their working capital at the time they need it most," Vivek Ramachandran, head of global trade solutions, said in a statement.
51% : The London-headquartered bank and financial services firm said the platform could be used to cover the cost of import duties, helping address the extra costs associated with tariffs.
39% : According to HSBC, since launching TradePay, it has made $2.3 billion of trade finance accessible worldwide.
34% : Since Trump announced his so-called "Liberation Day" tariffs in April, US businesses have been scrambling to address the cost of the increased levies on goods.

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