On Wednesday, United Parcel Service Inc. (NYSE:UPS) and FedEx Corp. (NYSE:FDX) said they plan to pass along tariff reimbursements to customers after a court fight knocked out a set of import duties tied to President Donald Trump‘s use of the International Emergency Economic Powers Act.
According to a court filing cited by The Hill, about 330,000 importers paid more than $166 billion tied to the disputed tariff program.
According to the report, UPS told Nexstar it is coordinating with Customs and Border Protection (CBP), which is taking refund applications through an online system.
On the other hand, FedEx, which filed a lawsuit earlier this year to recover import taxes, said it has already begun submitting claims through CBP.
Are UPS And FedEx Ready For This Challenge?
UPS said the initial phase will cover “certain tariff payments made starting Jan. 30, 2026, in addition to pending tariff payments”.
A UPS spokesperson, Natasha Amadi, said to The Hill that the company is already processing refunds for shipments where it acted as …
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