Following the Supreme Court's February ruling striking down Trump's 2025 tariffs under the International Emergency Economic Powers Act, U.S. Customs and Border Protection has refunded roughly $100 billion to companies that paid them, and shippers like FedEx, UPS and DHL are now passing some of that back to customers who paid tariffs directly.
FedEx said it is returning $800 million in refunds, UPS applied for $500 million in an initial phase after collecting $5 billion on clients' behalf, and DHL says it has filed claims for nearly all eligible shipments where it served as importer of record.
Most large retailers, including Amazon, Best Buy and Costco, were not the importer of record on most goods they sold and absorbed or passed on tariff costs indirectly, meaning most consumers won't see a direct refund; Amazon says it received $600 million in refunds and will use them to lower prices rather than issue individual checks, with limited exceptions.
More than 80 class-action lawsuits have been filed against retailers including Costco, Nike, Amazon and Walmart, though a legal expert noted plaintiffs will struggle to prove specific price increases were tied to tariffs rather than other market forces.
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