PA Shoppers Begin Receiving Tariff Refunds From Carriers

1 min read
Source: Patch
PA Shoppers Begin Receiving Tariff Refunds From Carriers
Photo: Patch
TL;DR

Shippers such as FedEx, UPS, and DHL are starting to pass tariff refunds back to consumers who paid Trump-era tariffs last year, after the Supreme Court ended those tariffs. About $100 billion has already been refunded to companies, while direct consumer refunds are rolling out in phases to credit cards or bank accounts. Retailers mostly plan to use refunds to lower prices, rather than issue broad consumer refunds; FedEx has begun refunds around $800 million, UPS has paid $5 billion and is pursuing refunds, and DHL says it has filed claims for most eligible shipments.

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