FedEx, UPS pledge $5B refunds
- FedEx and UPS pledged to return tariff refund dollars to customers instead of keeping them, signaling some refunds could directly reach shoppers. - Analysts expect total refunds to exceed $5 billion, though Forbes warns consumers may not see all of it and retailers might redirect funds. - That could give chains pricing flexibility or be used for targeted cuts rather than across-the-board relief. (forbes.com) (fortune.com) (fool.com)