These Companies Will Share Tariff Refunds With Customers

Thousands of American businesses are currently seeking tariff refunds from the Trump administration, totaling billions of dollars. However, only a few companies have expressed intentions to directly return the money to customers. The federal government recently launched a tariff refund portal, but it is not accessible to everyday people to apply for refunds, despite the fact that tariffs have cost the average American household $1,000 in 2025.

While some companies in the shipping and logistics industry, such as FedEx, UPS, and DHL, have confirmed plans to refund customers for duties paid on shipments where they acted as the importers of record, most other brands have remained silent on the matter. This suggests that the majority of tariff refunds will likely remain within the companies that receive them.

A few exceptions include Costco and Home Depot, with Costco’s CEO stating that the company will pass along tariff refund money to customers through lower prices and better values. Home Depot also mentioned being an advocate for value for its customers during the refund process. However, both retailers are not promising direct refunds at this time.

The Supreme Court’s decision to overturn the Trump administration’s International Emergency Economic Powers Act (IEEPA) tariffs in February led to the creation of a tariff refund system by a trade court judge in March. Currently, only certain tariff entries that are unliquidated or recently liquidated can be processed in the “Phase 1” of the refund portal.

President Donald Trump expressed dissatisfaction with the Supreme Court’s ruling in a recent CNBC interview, stating that the decision to allow tariff refunds could cost the government $160 billion. He criticized the court for not including a provision to retain already-collected tariff funds.

Several major companies, including Adidas, Amazon, Apple, Best Buy, Dell, Gap, IKEA, Levi Strauss, Lowe’s, Macy’s, Nike, Procter & Gamble (P&G), Target, Walmart, have not indicated any plans to share tariff refunds with customers. These companies have either not responded to inquiries or have not made any public statements regarding the matter.

In conclusion, while some companies in the shipping and logistics industry have committed to refunding customers for tariffs paid on shipments, most other businesses are keeping quiet on the matter. As the refund process unfolds, it remains to be seen whether customers will benefit directly from the billions of dollars in tariff refunds sought by American businesses.