A surprise credit after an overseas purchase: The tariff refunds now flowing through shippers
Summary
U.S. shippers like FedEx, UPS, and DHL have started giving customers refunds for tariffs collected on imported goods after the Supreme Court ruled these tariffs illegal. These companies received about $100 billion back from the government and are now returning money directly to customers who paid the tariffs.Key Facts
- The Supreme Court struck down tariffs imposed by President Donald Trump in March 2025 under a 1977 law.
- The U.S. government has refunded around $100 billion in tariffs collected on imports.
- Shippers such as FedEx, UPS, and DHL acted as customs brokers and collected these tariffs from customers.
- These shipping companies are now passing tariff refunds back to customers without requiring them to apply.
- FedEx has started issuing $800 million in refunds, and customers can check refund status online using tracking numbers.
- UPS applied for $500 million in refunds and expects to send money to customers one to three months after reimbursement.
- Most big retailers did not directly pass tariffs to customers, so refunds to consumers from retailers are unlikely.
- Amazon received $600 million in tariff refunds but will only refund customers in limited cases where tariff costs were clearly passed on.
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