
US Begins Refunding Companies for Trump-Era Tariffs
The United States has begun the process of refunding companies for tariffs imposed during the Trump administration, which are now deemed illegal. This could amount to $166 billion, with carriers like FedEx, UPS, and DHL outlining plans to pass these refunds to customers.
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UPS and FedEx have begun filing for some tariff refunds
UPS and FedEx have begun filing requests for some tariff refunds through the government's refund process, but those funds could take months to reach customers.
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Kevin Carter/Getty Images The refund process is getting underway after the Supreme Court struck down several Trump tariffs. FedEx, UPS, and DHL say they are pursuing refunds and will repay customers for fees they paid. The first phase of refunds is limited to imports that were finalized since January 30 of this year. Tariff refunds could start reaching some US consumers in the coming months. Shipping services FedEx, UPS, and DHL say their customers can expect to see repayments after those c...
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