World

Retail giant Target receives $1bn boost from tariff refunds

BBC News World · 19 August 2026 at 15:47

Retail giant Target receives $1bn boost from tariff refunds

The US chain said it received a $994 million pre-tax reimbursement, which resulted in its second quarter operating income rising to $2.6bn.

Read the full article on BBC News World ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.bbc.co.uk — the content belongs to BBC News World.

Retail giant Target receives $1bn boost from tariff refunds

More from BBC News World

Trump pauses new tariffs on Canada for three days, saying deal close

Jellyfish mesmerise in their own museum in Florida

Israel confirms soldiers fired at car in which Hind Rajab was killed and opens criminal investigation

'I was born in South Africa', says beauty queen facing legal bid to deport her

More in World

Progressives and establishment Democrats celebrate Angie Nixon’s surprise Senate primary win in Florida – live

85% of Missouri’s waterways have ‘potentially unsafe’ amounts of feces in them

Will Andy Burnham get rough sleepers off streets by Christmas? – The Latest

Israeli military announces criminal investigation into killing of Palestinian girl Hind Rajab in Gaza

Trump unveils White House helipad as he obsesses over renovations amid Iran war: ‘I love construction’

Sacking turns former Zelenskyy loyalist into potent political opponent