Did you pay tariffs last year? You might be due a refund from FedEx or UPS
NEW YORK — If you bought something from an overseas vendor last year, it might be time to check your bank account. Shippers including FedEx and UPS that acted as customs brokers for imported packages and received tariff refunds from the U.S. government have started to pass on those refunds to the customers that originally paid the tariffs. The refunds to consumers are the last step in a…
If you purchased goods from an overseas vendor last year, consider reviewing your bank statement. Shipping companies such as FedEx and UPS, which served as customs brokers for imported packages, have begun distributing refunds to the customers who initially paid tariffs to the U.S. government. These refunds mark the final phase in a multi-month procedure that began in February, following the U.S. Supreme Court's ruling on March 2025 to overturn the tariffs imposed by President Donald Trump.
The court mandated the government to return the tariffs collected. As of now, approximately $100 billion in tariffs have been refunded to businesses under a system established by the U.S. Customs and Border Protection. However, this does not imply that Americans will receive a significant portion of what they paid in tariffs, as most were paid indirectly.
In 2025, the Trump tariffs translated to an average tax increase of $1,000 per U.S. household, as per the Tax Foundation, a Washington-based think tank.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
