Target just received nearly $1 billion in tariff refunds: Will it reimburse customers directly?

Target Corporation announced its second-quarter 2026 earnings today, and along with its financials, the company revealed that it was a major recipient of federal tariff refunds for the quarter—to the tune of almost a billion dollars. Here’s what you need to know about the tariff refunds, and whether Target customers can expect to see any reimbursement. Target receives nearly $1 billion in tariff refunds Today, Target reported its Q2 2026 results. The company is currently in the middle...