Episode Details

If you bought something overseas last year, your bank statement might be about to get a surprise—tariff refunds are rolling back to consumers thanks to the Supreme Court’s ruling that those fees were invalid. Shippers like FedEx and UPS, which fronted the costs, are now passing some of that money down to you, with FedEx already distributing $800 million and UPS starting with $500 million of its $5 billion haul. DHL is also in the process. Big retailers like Amazon and Costco either absorbed the costs or plan to use the cash to lower prices, though Amazon is refunding specific cases and Costco hasn’t locked in details. Meanwhile, dozens of lawsuits are popping up against giants like Nike and Walmart as customers try to reclaim overpaid tariffs—proving causation will be the real hurdle.

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