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Shipping companies begin tariff refund push — and promise to pass along the money to customers [Yahoo! Finance]
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DHL ( DHL.DE ), FedEx ( FDX ), and UPS ( UPS ) have all confirmed plans in recent days to seek refunds of the tariffs they paid over the last year, which were declared illegal by the Supreme Court in February. "We are beginning to file claims," FedEx said in a statement to Yahoo Finance. All three companies are also pairing their requests with promises to pass along the money to their customers. "DHL Express is committed to helping customers recover IEEPA tariffs they paid," DHL wrote in its statement. UPS said it was making its requests "on our customers' behalf." For shipping companies, customers have a clear case for refunds, as tariffs are often a line item on shipping invoices. Read more: What Trump's tariffs mean for the economy and your wallet A FedEx truck is seen in Manhattan in 2024. (Beata Zawrzel/NurPhoto via Getty Images) · NurPhoto via Getty Images US Customs and Border Protection opened an online portal this week for businesses to apply for refunds, onl
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