Supreme Court Says Trump's Import Taxes Were Illegal — Target Gets $994 Million Back

Supreme Court Says Trump's Import Taxes Were Illegal — Target Gets $994 Million Back

Target got a $994 million refund after the Supreme Court ruled Trump-era import taxes illegal. Import taxes, or tariffs, are fees charged on goods brought into the U.S. The refund equaled 38% of Target's $2.6 billion quarterly profit — double last year's $1.3 billion. Other companies may seek similar refunds, though the government's total potential cost is unknown.

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