FedEx and UPS are pledging to give their tariff refunds back to consumers, and the sum will likely top $5 billion
via fortune.com
Short excerpt below. Read at the original source.
The day after the Supreme Court’s decision striking down President Donald Trump’s tariffs under the International Emergency Economic Powers Act (IEEPA), Commerce Secretary Scott Bessent offered bleak odds of consumers receiving refunds for the $166 billion in tariff revenue collected: “I got a feeling the American people won’t see it.” But after the U.S. Customs […]