# Companies like FedEx and UPS may return some shipping-related charges.

*business · news · 2026-04-28 · The Economic Times*

## Key points

- Over $160 billion in tariff refunds are being repaid to companies after a major Supreme Court ruling.
- Most companies plan to use these refunds to restore profit margins, not reduce consumer prices.
- Consumers cannot directly claim tariff refunds; only importers and businesses are eligible for repayments.
- Several class-action lawsuits aim to secure refunds for consumers, but outcomes remain uncertain and slow.
- Any price cuts from companies like FedEx, UPS, or Costco will be narrow and not industry-wide.

**Companies:** FedEx, UPS, Costco
**Countries:** United States

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/news/international/us/tariff-refunds-2026-will-fedex-ups-costco-cut-prices-or-keep-savings-why-shoppers-may-see-no-price-drop/articleshow/130581492.cms)

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