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A Surprise Credit After an Overseas Purchase: The Tariff Refunds Now Flowing Through Shippers

FedEx said it has begun issuing $800 million in tariff refunds, while UPS and DHL are also returning money to customers.

  • In February 2025, the Supreme Court struck down sweeping tariffs implemented by President Donald Trump under the 1977 International Emergency Economic Powers Act, ordering the government to return collected funds to companies and consumers.
  • Shippers including FedEx, UPS, and DHL have begun passing government-issued refunds directly to customers, rolling out payments in phases based on when the original tariffs were paid.
  • FedEx has started issuing $800 million in refunds, while Amazon reported receiving $600 million in the second quarter and pledged to lower prices or contact affected customers for direct credits.
  • Unlike shippers, major retailers like Best Buy and Costco say direct consumer refunds are unlikely because they passed tariff costs indirectly; Costco CEO Ron Vachris stated the company plans to return funds "in some form."
  • More than 80 class-action lawsuits have been filed against retailers, though legal experts warn plaintiffs face difficulty proving price increases were specifically tied to tariffs rather than other market forces.
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A surprise credit after an overseas purchase: The tariff refunds now flowing through shippers

If you bought something from an overseas vendor last year, it might be time to check your bank account.

·New York, United States
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CTV News broke the news in Toronto, Canada on Tuesday, August 11, 2026.
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