Skip to main content
See every side of every news story
Published loading...Updated

FedEx Joins Other US Companies in Seeking a Refund After Trump Tariffs Are Ruled Illegal

Following the Supreme Court ruling, over 1,000 companies seek refunds on $130 billion to $175 billion in tariffs imposed without legal authority under the International Emergency Economic Powers Act.

  • On Feb. 20 the U.S. Supreme Court invalidated IEEPA tariffs worth $130 billion to $175 billion, and FedEx said on Thursday it would return any refund to shippers and customers.
  • More than 1,000 companies, including Revlon and Costco, filed suit in the U.S. Court of International Trade to preserve reimbursement rights, filing protectively to recover duties or retain refund claims.
  • Federal lawsuits name FedEx and EssilorLuxottica, with plaintiffs including Nathan Ward who paid higher Ray-Ban prices in August 2025 and Reiser who paid $36 in tariffs on shoes shipped via FedEx.
  • A refund process is expected through the U.S. Court of International Trade or U.S. Customs and Border Protection in coming days or months as claims progress, and experts say more consumer lawsuits will pressure businesses to share tax refunds.
  • While companies promise refunds, plaintiffs say those pledges may be nonbinding as Matthew Reiser's complaint argues FedEx's refund pledge depends on uncertain future guidance.
Insights by Ground AI
Podcasts & Opinions

12 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 43% of the sources are Center
43% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

The Daily News broke the news in on Saturday, February 28, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal