Walmart and Target Receive Billions in Tariff Refunds, Promise Lower Prices
Walmart and Target have been granted major tariff refunds from the US government, with both retailers pledging to use these funds to reduce prices for consumers as sales growth slows.
Read the full story → · Latest coverage 22 Aug 2026, 2:29 pm UTC
Key moments · 8
Target profits double after $1bn tariff refund
Financial Times ↗Target just received nearly $1 billion in tariff refunds: Will it reimburse customers directly?
Fast Company ↗Walmart hikes full-year outlook, says it will use huge tariff refund to keep prices low
CNBC International ↗Walmart's $2.9 billion tariff refund is headed back to shoppers
Business Insider ↗Walmart shares tumble as sales growth slows to six-year low
Financial Times ↗Target Receives Almost $1 Billion in Tariff Refunds
Dealbreaker ↗Americans' Top Retailers Are Getting Billions In Tariff Refunds, Including Walmart, Target, But Many Consumers Still Aren't
Forbes ↗Walmart reveals how it is going to use the nearly $3 billion it got in tariff refunds
The Independent ↗
