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Tariff Refunds Are Coming | Honolulu News
Description
If you shipped goods overseas last year, your bank statement might just get a surprise—FedEx and UPS are returning billions in tariff refunds thanks to a Supreme Court ruling. FedEx’s sending back $800 million, UPS $500 million, as the government processes claims. Retailers like Amazon got $600 million but plan to lower prices broadly—not direct refunds—while Costco stays mum on specifics. Meanwhile, dozens of lawsuits are popping up trying to claw back price hikes tied to tariffs, though proving direct causation is tough.
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