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Tariff Refunds Are Now Flowing Through Shippers
FedEx said it has begun returning $800 million in refunds, while UPS and DHL are also passing tariff payments back to customers.
- FedEx and UPS have begun returning tariff refunds to customers following the Supreme Court's decision to strike down sweeping tariffs implemented by President Donald Trump in March 2025; FedEx is issuing $800 million in refunds.
- These payouts follow the Supreme Court's February ruling that overturned tariffs enacted under the 1977 International Emergency Economic Powers Act, with about $100 billion in duties refunded to date by U.S. Customs and Border Protection.
- UPS, which paid $5 billion in tariffs, has applied for $500 million in initial refunds, while DHL is similarly filing claims for eligible shipments and returning funds as they receive reimbursement from the Treasury.
- Amazon, which received $600 million in refunds last week, plans to use the funds to lower prices, as Amazon CFO Brian Olsavsky said the company will only issue direct refunds in limited, traceable circumstances.
- Plaintiffs in more than 80 class-action lawsuits face difficulty proving price increases were tied to tariffs, according to Lori Leskin of Arnold & Porter, as most retailers passed costs on indirectly.
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A Surprise Credit After an Overseas Purchase: The Tariff Refunds Now Flowing Through Shippers
NEW YORK (AP) — If you bought something from an overseas vendor last year, it might be time to check your bank account. Shippers including FedEx and UPS that acted as customs brokers for imported packages and received tariff refunds from the U.S. government have started to pass on those refunds to the customers that […]
Tariff refunds for overseas purchases are now reaching buyers through shippers; who are eligible for the credit?
Shipping companies like UPS and FedEx are beginning to refund tariffs after the Supreme Court's ruling against sweeping duties imposed by the US government. Customers who paid import duties may receive refunds directly. Details here.
·New Delhi, India
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Total News Sources18
Leaning Left9Leaning Right2Center6Last UpdatedBias Distribution53% Left
Bias Distribution
- 53% of the sources lean Left
53% Left
L 53%
C 35%
12%
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