Shippers begin refunding tariff payments to consumers after Supreme Court ruling

Regulation

โดย AP·

Summary · why it matters

Shippers including FedEx and UPS have started passing on tariff refunds to customers who originally paid them, following the Supreme Court's February decision striking down sweeping tariffs implemented by President Donald Trump in March 2025. The refunds to consumers are the last step in a monthslong process that kicked off in February when the Supreme Court struck down sweeping tariffs implemented by President Donald Trump in March 2025 under the 1977 International Emergency Economic Powers Act on goods from almost every country. So far, about $100 billion in tariffs have been refunded to companies who paid them under a system set up by U.S. Customs and Border Protection. FedEx said it has begun issuing $800 million in tariff refunds it received from the government back to customers, while UPS said it had paid $5 billion in tariffs on behalf of clients and applied for $500 million in refunds in the first phase. DHL similarly said it has filed claims for almost all eligible shipments where it served as the importer of record and is returning the refunds it has received. Major retailers like Amazon, Best Buy, and Costco have said they may use refunds to lower prices or return them in limited circumstances, while more than 80 class-action lawsuits have been filed by customers against retailers including Costco, Nike, Amazon, and Walmart.