FedEx and UPS said they will return tariff refunds to customers after a Supreme Court ruling opened the door to potentially billions of dollars in reimbursements tied to Trump-era import taxes.The companies said they plan to pass along any recovered funds as the federal government begins processing refund claims for duties collected under the International Emergency Economic Powers Act (IEEPA), a move that could affect a broad swath of importers.UPS CEO Carol Tomé said on the company’s first-quarter earnings call that UPS processed 16 million IEEPA-related entries and remitted more than $5 bil...
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