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Trump’s tariffs slashed jobs and wage growth. Now companies are funneling their chunk of the $100 billion in refunds to supplement workers’ retirement
- A recent Supreme Court decision cleared the way for more than $100 billion in tariff refunds, and some companies are using that windfall to reward employees.
- Williams-Sonoma will put $10 million into eligible workers' 401(k)s, and TJX set aside $112 million for bonuses from its $331 million refund.
- Officials note firms could instead cut prices or pay down debt, but many see employee bonuses as a quick way to offset tariff-driven wage pressures and retain staff.
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