September 30, 15:30

Lawsuit claims Target kept $994 million tariff refund from shoppers

Target Class Action Lawsuit Claims Retailer Kept $994,000,000 Tariff Refund From Shoppers

Daily Hodl

A class action lawsuit claims Target raised prices to cover import tariffs but has not committed to returning a $994 million tariff refund to shoppers. The complaint says Target raised prices to offset tariffs imposed starting in February 2025 under the International Emergency Economic Powers Act. The complaint says about half of Target's merchandise is imported and China is its largest source. The U.S. Supreme Court ruled the tariffs unlawful on February 20, 2026. Target received and announced a $994 million refund in August 2026. The lawsuit claims Target has not committed to passing any of the refund to customers, unlike FedEx and UPS. Plaintiffs Lissa Bernardo Lising and Carly Amundson bought items including baby wipes and children's clothing. The plaintiffs filed the case on September 25, 2026, in the U.S. District Court for the District of Minnesota under case number 0:26-cv-04142. The complaint seeks relief for money had and received, unjust enrichment and declaratory relief on behalf of U.S. consumers who bought tariff-surcharged products on or after February 1, 2025. June Hoidal of Zimmerman Reed argued that the refund should go to the shoppers who paid higher prices. No settlement has been reached.

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