UPS (UPS) says it has begun to file refund requests for about USD 500mln of IEEPA tariffs paid for entries eligible for refund under Phase 1
UPS's move to file for refunds on over USD 500 million in IEEPA tariffs indicates a strategic financial decision that could enhance cash flow and improve margins.
[CALENDAR ADDITION]: US President Trump to appear at a Tele-rally tonight at 7:30PM EDT; to join Georgia Lt. Governor Jones
OpenAI is introducing B2B signals, a business extension of OpenAI signals
UPS (UPS) says it has begun to file refund requests for about USD 500mln of IEEPA tariffs paid for entries eligible for refund under Phase 1
Ukraine's Chief negotiator is expected to travel to Miami to meet with US Special Envoy Witkoff, Bloomberg reports
US President Trump says Exxon (XOM) and Chevron (CVX) were at the White House last night; Chair of Exonn talked Venezuela
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This action suggests a potentially favorable adjustment to their cost structure and may reflect positive negotiations or policy shifts regarding tariffs, impacting overall investor sentiment and potentially benefiting the logistics sector in general.
Related headlines
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 14 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging10 hours ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks11 hours ago
- Newsquawk Daily Asia-Pac Opening News - 9th September 202612 hours ago
- [MARKET ANALYSIS] JPY continues to gain after daring commentary from US Treasury Sec. Bessent1 hour ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates7 hours ago
- FedEx (FDX) is to sell EUR denominated 4- and 8-year notes3 hours ago
- [MARKET ANALYSIS] Brent briefly tops USD 100/bbl as Middle Eastern tensions remain heightened1 hour ago
- [MARKET ANALYSIS] T-note futures are little changed after yesterday's indecisive mood and with key inflation data due later this week7 hours ago
- [MARKET ANALYSIS] Oil prices are underpinned after US and Iran conducted a fresh round of retaliatory strikes8 hours ago
- US FX WRAP: Dollar little changed as markets await US CPI/PPI14 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 1.55 HIGHER AT USD 93.03/BBL15 hours ago
- [MARKET ANALYSIS] European bourses under pressure as renewed US-Iran strikes drive energy higher; ITX SM hit despite mixed earnings while FORTUM FH surges on GOOGL deal1 hour ago
- US Secretary of State Rubio says that President Trump has a desire to reach an agreement with Colombia on tariffs12 hours ago
- US President Trump says directing the GSA, working with the USTR, to take all necessary steps to remove Canadian-origin products from GSA’s Multiple Award Schedules unless Canada restores full and fair reciprocity for American farmers and companies14 hours ago
- US President Trump reiterates that Iran will never have a nuclear weapon; says blockade against Iran has been effective19 hours ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) plans to adopt ASML’s high-NA EUV lithography equipment for high-volume manufacturing from 20309 hours ago
- US Secretary of State Rubio hoping to wrap up solid trade deals with Colombia, Ecuador, and Peru during visits19 hours ago
- Canada's Trade Minister says Canada is negotiating with Poland to sell nuclear energy tech and LNG20 hours ago
- PBoC sets USD/CNY mid-point at 6.7709 vs Exp. 6.7042 (prev. 6.7804)9 hours ago
The whole workspace, free to try.
Try it free