How Companies Like Walmart And Target Could Get Back Billions In Tariffs Refunds

Tariff refunds are potentially coming to retailers. Starting April 20th, businesses can file claims to recover money from tariffs imposed under the International Emergency Economic Powers Act. That follows a Supreme Court ruling that found that the White House's use of emergency tariff powers was unconstitutional back in February, potentially putting more than $160 billion on the table for U.S. importers.Companies like Walmart, Target and Nike are each due billions of dollars, and others like Gap and Macy's ...