Tariff Reversal Pays Billions Back to Corporate America — Target’s $994 Million Refund Shows the Scale of the Supreme Court Fallout
Target’s latest quarterly earnings reveal just how financially significant the Supreme Court’s February 2026 tariff ruling has become for American businesses. The retailer disclosed that it received $994 million in pre-tax tariff refunds, helping push quarterly operating income to roughly $2.6 billion, about double the comparable figure from a year earlier. The payment was not […]
