A massive government payout to businesses is underway after the Supreme Court struck down a set of federal tariffs. The government had collected an estimated $166 billion under these tariffs. Some major retailers have already received significant refunds, including Walmart with $2.9 billion and Apple with $2.2 billion.

Target and Nike have also received nearly $1 billion each. The impact of these refunds on consumers is still uncertain and depends on the retailer. Some companies, such as Walmart and Target, plan to use their refunds to cut prices.

Further details on the refunds and their potential effects on consumers are available from the source.