business / news / / The Sun U.S Edition
Companies across the US are set to receive refunds from tariffs after they were ruled illegal by the Supreme Court.
Walmart's tariff refunds are expected to be less than half of 1% of U.S. annual sales.
KEY POINTS
- Walmart will use tariff refund money to lower store prices, not issue direct consumer refunds.
- The Supreme Court ruled tariffs imposed in April 2025 to be illegal, prompting $166 billion in refunds.
- CBP is developing a refund system called CAPE for distributing tariff repayments to affected companies.
COMPANIES
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