US to Refund Billions in Tariffs; Logistics Firms Detail Customer Pass-Through
The US government is set to refund an estimated $166 billion in tariffs to companies, with major logistics providers like FedEx and UPS beginning to file for these refunds. These companies are also outlining plans to pass a portion of these tariff savings back to their customers.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (42/100)Sources
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.
Read full article →How FedEx, UPS, and DHL plan to pass tariff refunds along to customers
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...
Read full article →
