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Walmart Refunds Tariffs to Shoppers | Durham News
Walmart’s just pocketed a $2.9 billion tariff refund and plans to pass it back to you—via lower prices—as shoppers tighten belts amid rising gas costs and sluggish in-store sales. Despite a strong $6.4 billion profit fueled by online growth and the refund, stock dipped with only 2.6% same-store sales growth—the weakest since pandemic lows. It’s not just Walmart: Target, TJX, Home Depot, and Lowe’s are also getting billions back after the Supreme Court ruled Trump-era tariffs illegal. While the economy feels the pinch, this cash infusion could ease your wallet at checkout. Listen in…
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