UPS, FedEx and DHL file for tariff refunds. What it means for consumers.
Quick Insights
The Bottom Line
UPS, FedEx, and DHL filed for tariff refunds and pledged to share them with customers.
How This Affects You
Consumers and businesses using these shipping services could receive refunds for previously paid tariffs, potentially reducing shipping costs.
AI Summary
UPS, FedEx, and DHL have filed for tariff refunds, seeking reimbursement for duties previously paid. These major shipping companies are pursuing refunds from the government for tariffs that were likely levied on imported goods. This action is significant for consumers because the shippers have pledged to share any refunds received with their customers who originally paid these tariffs. The refunds could potentially reduce costs for businesses and individuals who use these services for international shipping.
What's Being Done
Major shipping companies UPS, FedEx, and DHL have filed for tariff refunds from the government.
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Exactly two months after the Supreme Court struck down most of President Trump's tariffs, the U.S. government has set Monday as the day when some companies can begin requesting refunds.
FinanceTrump admin set to launch tariff refund portal. Here's what to know.
A federal agency will open a portal on April 20 that lets businesses apply for a refund for Trump tariffs struck down by the Supreme Court.
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