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Estimated Tariff Refunds by Company
Projected refund amounts for major US retailers based on market analysis.
Primary Sources
Tariff refunds are about to start rolling out. Customers want their cut.
Companies from Costco to FedEx have faced lawsuits from customers seeking their share of the refunds. CHARLY TRIBALLEAU / AFP via Getty Images 2026-05-12T09:33:01.254Z The federal government is set to start distributing tariff refunds soon. Some companies are facing customer lawsuits demanding their share. The lawsuits target companies from Costco to FedEx. Companies are set to start getting refunds on President Donald Trump's unconstitutional tariffs. Some customers are suing to get a cut of the money. US Customs and Border Protection told shippers last week that it would start issuing refunds as early as Tuesday to companies that have applied. The agency did not comment Monday when asked whether it was on track to issue those payments.The story doesn't end there, though. Customers are suing some companies for a share of the refunds they say they paid through higher prices and fees on goods and services.Nike is the latest target. Customers of the shoe brand filed a lawsuit against the company on Friday in the US District Court for the District of Oregon.The lawsuit names seven people who purchased Nike products that were subject to the tariffs that the Supreme Court ruled unconstitutional in February. While Nike said last year that it expected a $1 billion hit from the tariffs, it made up at least some of the difference by raising prices for shoes and other sportswear, according to the lawsuit. "Nike stands to recover the same tariff payments twice—once from consumers through higher prices and again from the federal government through tariff refunds," the lawsuit reads.Nike did not immediately respond to a request for comment or respond to the claims in court filings.Other companies are facing similar lawsuits.One Costco customer, for example, sued the warehouse chain in March, alleging that the retailer is similarly poised to recover its tariff costs twice unless it refunds customers.Costco CEO Ron Vachris has said that the company would pass along any refunds it gets from the federal government in the form of "lower prices and better values for members."FedEx and UPS, which billed customers for tariffs on US-bound shipments, have also faced suits seeking refunds of both the tariffs themselves and the brokerage fees they charged. In some cases, those brokerage fees were nearly as much as the tariffs themselves, according to one of the lawsuits against FedEx.FedEx and UPS have said they will return tariff payments to customers once the government re...
First wave of tariff refunds will hit some businesses tomorrow
More than 330,000 importers paid the $166 billion in tariffs.May 11, 2026, 3:29 PMThe first wave of tariff refunds will reach some American businesses’ bank accounts Tuesday, according to U.S. Customs and Border Protection (CBP).The government launched an online portal last month where companies can file to get money back for tariffs they paid that were ruled illegal by the Supreme Court, which said the administration exceeded its authority.More than 330,000 importers paid the tariffs, collected under the International Emergency Economic Powers Act (IEEPA), totaling $166 billion, CBP said.As of April 26, at least 75,000 businesses have applied for refunds, according to a court filing.Trump has railed against the Supreme Court's 6-3 ruling in the case, including two of the justices he appointed in his first term, Neil Gorsuch and Amy Coney Barrett. In April he said he would "remember" companies that didn't seek a refund.A CBP spokesperson tells ABC News about 15% of the claims that have been submitted were rejected, typically due to incorrect information or ineligible shipments being included on a claim.In recent weeks, major companies like General Motors have said they expect hundreds of millions of dollars back in refunds. An analysis by Citi last month found Walmart is due $10 billion, Target is owed $2 billion, Nike is due $1 billion and Macy’s is owed $320 million.Popular ReadsBut while the money will start flowing to businesses, consumers should not expect to see direct refunds. Many companies have said they’ll use the refunds from the government to pay down debt, rehire employees, restock inventory or perhaps lower prices.It’s less likely they will contact shoppers who paid higher prices over the past year to give money back for those purchases.Shipping companies UPS, FedEx and DHL have said they will refund customers directly for packages that were subject to IEEPA tariffs.The IEEPA tariffs alone cost the typical American household $700 last year, according to the nonpartisan Tax Foundation.
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