https://www.live-feeds.com/feed/top-retailers-report-more-than-5-billion-in-tariff-refunds-they-re-mostly-keeping-the-moneyContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/top-retailers-report-more-than-5-billion-in-tariff-refunds-they-re-mostly-keeping-the-moneyhttps://www.live-feeds.com/feed/top-retailers-report-more-than-5-billion-in-tariff-refunds-they-re-mostly-keeping-the-money#u46970Sun, 23 Aug 2026 14:56:24 +0000Major US retailers have received over $5 billion in tariff refunds and most are choosing to keep the money. The refunds are a result of tariffs imposed during the Trump administration, which have been deemed excessive or unjust. While some companies like UPS, FedEx, and DHL are passing the refunds back to customers, many others are not.Why it mattersThe tariff refunds are a significant development in the ongoing debate over the impact of tariffs on US businesses and consumers. The tariffs were imposed on imported goods from countries like China, and were intended to protect American industries