FedEx vows to pass any tariff refunds it gets from the U.S. on to customers
FedEx filed a lawsuit seeking refunds for tariffs ruled illegal by the Supreme Court and promised to reimburse customers who initially paid the charges.
- FedEx pledged to return any tariff costs charged to customers if the Trump administration refunds the delivery company for the levies.
- The Supreme Court ruled that the tariffs set by former President Donald Trump under the International Emergency Economic Powers Act are illegal.
- More than 1,000 companies, including large U.S. corporations like Costco and Revlon, have filed suit to recoup costs from the illegal tariffs.
111 Articles
111 Articles
FedEx promises tariff refunds if administration gives back money
Global transport company FedEx says it will redistribute tariff money to its customers if it receives refunds following the Supreme Court’s decision last Friday to block the president’s “Liberation Day” tariffs. “At this time, no refund process has been established by the government or the court. If refunds are issued to FedEx, FedEx will then issue refunds to shippers and consumers who originally bore those charges,” FedEx said in a statement. …
FedEx sues Trump administration for tariff refunds, says it will give money back to customers
Delivery company FedEx said in a statement on Thursday that it will return any tariff refund it might get to shippers and customers who paid them. The statement came after FedEx filed suit in the U.S. Court of International Trade to request a refund on what it paid for tariffs set by President Donald Trump under the International Emergency Economic Powers Act. On Friday, the Supreme Court ruled that the IEEPA tariffs are illegal. More than 1,000…
FedEx says it will return any tariff refunds to customers, shippers who paid them
FedEx announced Thursday it will return any tariff refunds it may receive to its customers who paid them as it seeks compensation from the federal government for tariffs paid that were subsequently ruled illegal.The shipping giant said in a statement that it intends to return any tariff refunds to shippers and customers who bore the cost of the tariffs. The move follows the Supreme Court's ruling last week that a key portion of President Donald …
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