A surprise credit after an overseas purchase: Tariff refunds now flowing through shippers
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…
Consumers who purchased items from overseas vendors last year may find unexpected credit in their bank accounts, as shippers such as FedEx and UPS have begun distributing tariff refunds to customers. These refunds stem from a process that began in February after the U.S. Supreme Court overturned tariff measures imposed by former President Donald Trump in March 2025.
The court ordered the government to return the tariffs, resulting in approximately $100 billion in refunds to companies that paid them under a system established by U.S. Customs and Border Protection. However, it is important to note that most consumers did not directly pay these tariffs; instead, they were indirectly absorbed as an average tax increase of $1,000 per U.S. household in 2025, according to the Tax Foundation in Washington.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
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