UPS and FedEx Vow to Return Tariff Refunds to CustomersUPS and FedEx Vow to Return Tariff Refunds to CustomersUPS and FedEx Vow to Return Tariff Refunds to Customers
Gemini / GoogleAfter the Supreme Court struck down President Donald Trump’s sweeping tariffs in February, UPS and FedEx, two of the largest delivery companies in the United States, vowed to share tariff refunds with their customers. As first reported by Reuters, UPS CEO Carol Tomé said in a post-earnings investor call that the company had collected about $5 billion in tariffs from its customers.