FedEx sues US for refund on Trump's emergency tariffs
FedEx seeks full refund of unlawful tariffs paid under IEEPA after Supreme Court ruled President Trump exceeded authority, with over $175 billion in tariffs subject to potential refunds, experts say.
- On Monday, FedEx, the global logistics company, filed a lawsuit in the U.S. Court of International Trade seeking a full refund of tariffs paid under the International Emergency Economic Powers Act.
- Friday's decision by the U.S. Supreme Court found the emergency tariff orders unlawful, prompting FedEx to seek a refund in the U.S. Court of International Trade.
- In its lawsuit, FedEx's lawyers wrote `Plaintiffs seek for themselves a full refund from Defendants of all IEEPA duties Plaintiffs have paid to the United States` and named U.S. Customs and Border Protection, Rodney Scott, and the United States as defendants.
- FedEx executives warned the tariffs could dent earnings by $1 billion in fiscal year 2026, and Brie Carere said the period was "particularly challenging for small exporters."
- Moving 17 million packages per day, FedEx's suit is the first major refund case since the Supreme Court ruling Friday, joining firms like Costco, Revlon, and EssilorLuxottica and represented by Crowell & Moring.
57 Articles
57 Articles
FedEx sues U.S. government for customs refund in court judgment against Trump.
FedEx Sues US Government Over Trump Tariffs After Supreme Court Ruling, Wants A 'Full Refund' - FedEx (NYSE:FDX)
FedEx Corp sues US government for illegal tariffs imposed by Trump. Other companies like Costco have also filed lawsuits for refunds. Importance Rank: 1
As the first major US company, the shipping giant goes against Trump's import duties – the Supreme Court had declared them illegal.
Following the decision of the U.S. Supreme Court against many of President Trump's duties, a wave of reclaims had already been expected. Now a large logistics group is suing.
Although the US President had made it equally clear that he would not want to pay compensation for his illegal customs policy, the delivery giant Fedex is still suing.
This is probably the first lawsuit of a large American company. According to the decision of the U.S. Supreme Court, billions of dollars are threatened
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