Companies are pocketing billions in tariff refunds. A Fed study says only 15% plan to lower prices — and Walmart is one of the few
U.S. Customs and Border Protection has issued $135B in tariff refunds to businesses, including Walmart ($2.9B) and Apple ($2.2B). A Fed study found 75% of companies plan to retain refunds, with only 15% intending to lower prices. Walmart plans to cut prices. Consumer advocates and lawmakers demand refunds for average Americans.





