EconomyRetail giant Target gets nearly $1bn boost from tariff refunds
Target says a $994m pre-tax tariff reimbursement doubled its second-quarter operating income to $2.6bn from $1.3bn a year earlier. The refund followed a ruling that some of Donald Trump’s import tariffs were unlawful, although the president continues to impose duties through other legal routes.
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BBC News★★☆☆☆2026-08-19 14:47Original
Retail giant Target gets nearly $1bn boost from tariff refunds
Economy