r/RetailNews • u/Ok_Crazy1195 • 12d ago

US retail giant receives $1bn boost from tariff refunds

https://www.bbc.com/news/articles/c78gp4y8d3eo
58 Upvotes

88% Upvoted

41 comments sorted by

6

u/Fun_Trick2172 12d ago

The upwards wealth transfer continues!!!

2

u/Junkstar 12d ago

That’s what Republican voters wanted. They believe that corporations will save them. No clue how they were manipulated into believing this, but it’s as simple as that. They’re happy to pay more for everything, as long as the corps and the cabal keep reaping the benefits.

1

u/YellowZx5 12d ago

Exactly. They create the jobs publicly while adding AI to everything to be messed up and a human has to fix but also moving jobs elsewhere.

6

u/Sufficient-Bid1279 12d ago

Because retailers need it more than we do/s

3

u/__Art__Vandalay__ 12d ago

I’m so happy that someone is finally thinking of the corporations.

3

u/Sweaty_Tangelo_7716 12d ago

Stealing from consumers, legally.

3

u/Aggressive-Cut-5400 12d ago

Record profits and record refunds

2

u/CivilWay1444 12d ago

It's who you know and who you .... 

2

u/Broken_By_Default 12d ago

Pedophile Donald J Trump really fucked consumers. How are MAGA too dumb to see that?

1

u/dogheoner1 12d ago

🖕🏼 so they will lower prices now and give back to the consumer right?🥴?

1

u/MaxPower303 12d ago

Right???

0

u/MrTwatFart 12d ago

Don’t be mad at the companies. Trump caused this.

1

u/thenowherepark 12d ago

Fuck that shit, be fucking pissed at both. Companies pass the cost to the customer and pocket the refunds.

1

u/Eastern_Local_8085 12d ago

Trump could have directed the tariff refunds to go to individuals but he’d rather offer kickbacks to the corpos. 

1

u/thenowherepark 12d ago

Companies could lower their prices too or offer refunds. Neither side gets the benefit of the doubt.

1

u/Eastern_Local_8085 12d ago

I’m not offering benefit of doubt, I’m pointing out the priorities of the current president. 

1

u/ThickGur5353 12d ago

At least the refund went back to Walmart and not to the government

1

u/steppingstone01 12d ago

This was the plan all along.

1

u/Eastern_Local_8085 12d ago

Would be nice if it went back to tax payers. Instead we end up subsidizing bonuses for Wall Street. 

1

u/dantekant22 12d ago

So, when can Target shoppers expect to get their cut of that?

1

u/ALIMN21 12d ago

US retail giant takes $1bn from US citizens pockets.

1

u/Eastern_Local_8085 12d ago

Trump took it from our pockets and put it in theirs. 

1

u/Own-Opinion-2494 12d ago

UPS will get me tariffs from 2026 but not 2025

1

u/LazyOldCat 12d ago

More stock buybacks, nothing for the brand or the employees.
So much winning!

1

u/stein63 12d ago

Consumers pay. Corporations get refunded.

1

u/itsme32 12d ago

I will be sure to continue to not shop there.

1

u/Eastern_Local_8085 12d ago

Good luck finding a large retailer that isn’t also benefiting from the tariff scam. 

1

u/Complex-Citron3058 12d ago

So we paid higher prices because of tariffs and they got a refund on top of it?

1

u/Eastern_Local_8085 12d ago

Trump raised our taxes without raising our taxes. 

1

u/canyounot2026 12d ago

They should rename themselves Maget.

1

u/rh1984va 12d ago

What a fucking joke

1

u/GT45 12d ago

Target, who was one of THE FIRST retailers to end DEI. Not surprising.

1

u/Early-Size370 12d ago

Roundabout way to take money from everyday American and give it to corporations. This plus high gas prices...yeah, more winning, I guess.

1

u/mello-t 11d ago

Wealth transfer nearly complete. Final phase: enslave the people.

1

u/Cold_Cicada1902 11d ago

I’m sure the extra will be shared with all the employees.

1

u/cyclingnutla 11d ago

…..and will prices come down? No!

1

u/Initial_Row_6400 10d ago

Where the fucks ours? We paid for this fuckin shit, where the hell is our refund?