{"id":354779,"date":"2026-08-13T06:02:11","date_gmt":"2026-08-13T11:02:11","guid":{"rendered":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/a-surprise-credit-after-an-overseas-purchase-the-tariff-refunds-now-flowing-through-shippers"},"modified":"2026-08-13T06:02:15","modified_gmt":"2026-08-13T11:02:15","slug":"a-surprise-credit-after-an-overseas-purchase-the-tariff-refunds-now-flowing-through-shippers","status":"publish","type":"post","link":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/a-surprise-credit-after-an-overseas-purchase-the-tariff-refunds-now-flowing-through-shippers","title":{"rendered":"A shock credit score after an abroad buy: The tariff refunds now flowing via shippers"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div data-testid=\"prism-article-body\">\n<p class=\"EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC \"><span class=\"oyrPY qlwaB AGxeB \">NEW YORK &#8212; <\/span>If you bought something from an overseas vendor last year, it might be time to check your bank account.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Shippers including <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/fedex-tariff-refunds-supreme-court-57ca2cbf257c432f6fe32615625fa949\">FedEx and UPS that acted as customs brokers<\/a> 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.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The refunds to consumers are the last step in a monthslong process that kicked off in February when <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/supreme-court-tariffs-trump-0485fcda30a7310501123e4931dba3f9\">the Supreme Court struck down sweeping tariffs<\/a> implemented by <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/hub\/donald-trump\">President Donald Trump<\/a><a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/trump-tariffs-canada-mexico-china-643086a6dc7ff716d876b3c83e3255b0\">in March 2025<\/a> under the 1977 International Emergency Economic Powers Act on goods from almost every country. The court ordered the government to return the tariffs it collected.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">So far, about $100 billion in tariffs have been refunded to companies who paid them under a system set up by U.S. Customs and Border Protection.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">That doesn&#8217;t mean Americans will get anywhere close to what they paid in tariffs, since most were paid indirectly. In 2025, the Trump tariffs amounted to an average tax increase of $1,000 per U.S. household, according to the Tax Foundation, a Washington, D.C., group that studies taxes. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">But some consumers are getting some of what they paid directly back from shippers including UPS, DHL and FedEx. The refunds are being rolled out in phases based on what date they were paid. Shippers have said they&#8217;ll return the refunds on a rolling basis as they receive them.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">FedEx said it has begun the process of issuing $800 million in tariff refunds it received from the government back to the customers that paid them. Customers don\u2019t need to apply to receive their refund, but they can enter tracking numbers for purchased items into <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/ieepa-refunds.fedex.com\/\">a portal on the FedEx website<\/a> to see whether or not they are due a refund.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">UPS said in April it had paid $5 billion in tariffs on behalf of clients and would begin the process of applying to the government for refunds. In the first phase, it applied for $500 million in refunds and said customers should get refunds one to three months after it receives reimbursement from the Treasury.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">DHL similarly said that it has filed claims for almost all eligible shipments where it served as the importer of record and is returning the refunds it has received. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">\u201cThe volume and pace of refunds continue to depend on CBP\u2019s processing of claims,\u201d DHL said in a statement.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Unlike shippers who collected tariffs directly from customers, most big retailers passed on tariffs in indirect ways, changing their product lineups or partly absorbing higher costs, making a consumer refund unlikely.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Amazon executives said last week the company received $600 million in tariff refunds in the second quarter. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">In a call with investors, Amazon CFO Brian Olsavsky said the company isn&#8217;t the importer of record on most of the goods it sells and that it has absorbed some tariff costs. But he said the company has \u201cidentified a limited set of circumstances where we can trace that we pass specific import charges on to customers.\u201d In those circumstances, he added, \u201cwe will proactively contact affected customers and automatically issue refunds to them.\u201d<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Otherwise, he said, Amazon will use tariff refunds to lower prices for customers.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">That echoes what other large retailers have said. In May, Cori Barrie, outgoing CEO of Best Buy, the nation\u2019s largest consumer electronics chain, said the retailer is an importer of record of only about 2% to 3% of what it sells and that the company would use any refund it gets to \u201cdeliver value back to our customers.\u201d<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">And Costco CEO Ron Vachris said the company planned to return \u201cin some form\u201d the tariffs that were passed on to consumers.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">\u201cHow much we return and when depends on a variety of factors, including how much refund money we receive and when it arrives as well as developments in the lawsuit filed against the company regarding the return process,\u201d he said in a quarterly earnings call in May.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Some shoppers are suing to get the tariffs they paid in the form of higher prices back from companies. More than 80 class-action lawsuits have been filed by customers across the country against retailers including Costco, Nike, Amazon, Walmart and others.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The lawsuits will face difficulty because plaintiffs will have to prove they paid for price increases that were specifically tied to the tariffs, according to Lori Leskin, partner and co-chair of law firm Arnold <!-- -->&amp;<!-- --> Porter\u2019s Consumer Products Practice Group. None of the lawsuits have yet been certified as class action, which would mean they apply to all customers. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">\u201cIt\u2019s going to be very hard for anyone to establish that the price increase they paid was due to tariffs and not some other market force,\u201d she said. \u201cMost of them are just talking about price increases, and to be able to trace a price increase due to a single factor is going to be really difficult given the multifactorial approach that most companies take.\u201d<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/abcnews.com\/US\/wireStory\/surprise-credit-after-overseas-purchase-tariff-refunds-now-135600659\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK &#8212; If you bought something from an overseas vendor last year, it might be time to check your bank account. Shippers including FedEx [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":354782,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[296,434,31184,223,1913,31185,557,609,173,469,270],"class_list":["post-354779","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-amazon","tag-ceo","tag-co-chair-of-legislation-agency","tag-costco","tag-federal-government","tag-lori-leskin","tag-nike","tag-president","tag-united-states","tag-walmart","tag-washington-d-c"],"_links":{"self":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/354779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/comments?post=354779"}],"version-history":[{"count":2,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/354779\/revisions"}],"predecessor-version":[{"id":354781,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/354779\/revisions\/354781"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/media\/354782"}],"wp:attachment":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/media?parent=354779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/categories?post=354779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/tags?post=354779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}