{"id":27425,"date":"2026-02-24T03:44:21","date_gmt":"2026-02-24T03:44:21","guid":{"rendered":"https:\/\/finprosalerts.com\/?p=27425"},"modified":"2026-02-24T03:44:21","modified_gmt":"2026-02-24T03:44:21","slug":"fedex-sues-us-government-for-refund-of-president-donald-trump-tariffs","status":"publish","type":"post","link":"https:\/\/finprosalerts.com\/?p=27425","title":{"rendered":"FedEx sues US government for refund of President Donald Trump tariffs"},"content":{"rendered":"
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FedEx sued the U.S. government Monday, seeking a full refund of tariffs assessed under President Donald Trump\u2019s order targeting imports.<\/p>\n

The lawsuit is one of the highest-profile moves by a major American company following the Supreme Court’s 6-3 ruling Friday, which determined that the president did not have the authority under the International Emergency Economic Powers Act (IEEPA) to impose such tariffs.<\/p>\n

The complaint, filed against the government and U.S. Customs and Border Protection (CBP) in the Court of International Trade, alleges FedEx incurred costs to expedite shipments through customs and is entitled to a refund of duties with interest, as well as compensation for the financial harm it suffered.<\/p>\n

“Plaintiffs seek for themselves a full refund from Defendants of all IEEPA duties Plaintiffs have paid to the United States,” FedEx\u00a0said in the lawsuit.<\/p>\n

SUPREME COURT DEALS BLOW TO TRUMP\u2019S TRADE AGENDA IN LANDMARK TARIFF CASE<\/strong><\/p>\n

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“Supporting our customers as they navigate regulatory changes remains our priority,” the company told FOX Business.\u00a0<\/p>\n

“FedEx has taken necessary action to protect the company\u2019s rights as an importer of record to seek duty refunds from U.S. Customs and Border Protection following the U.S. Supreme Court\u2019s ruling that the tariffs issued under the International Emergency Economic Powers Act (IEEPA) are unlawful.”<\/p>\n

The lawsuit does not disclose how much FedEx has paid in tariffs. However, in September, the shipping giant said it expected a $1\u202fbillion hit to fiscal-year earnings from U.S. trade policies, only part of which involved IEEPA duties.\u00a0<\/p>\n

US TARIFF REVENUE UP 300% UNDER TRUMP AS SUPREME COURT BATTLE LOOMS<\/u><\/strong><\/p>\n

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“While the Supreme Court did not address the issue of refunds, FedEx has taken necessary action to protect the company\u2019s rights as an importer of record to seek duty refunds from U.S. Customs and Border Protection,” the company said on its website.\u00a0<\/p>\n

“At this time, however, no refund process has been established by regulators or the courts,” it added. “We will communicate any relevant information and updates in a timely manner, and we appreciate your patience as we wait for additional guidance and clarity from the U.S. government and the courts.”<\/p>\n

The suit names CBP Commissioner Rodney S. Scott and the U.S. as defendants.<\/p>\n

FedEx is represented by Washington, D.C.\u2013based Crowell & Moring, which also represents Costco and Revlon in IEEPA tariff refund cases filed before the Supreme Court\u2019s ruling Friday.<\/p>\n

WILL REFUNDS BE ISSUED AFTER SUPREME COURT RULING ON TRUMP TARIFFS?<\/strong><\/p>\n\n\n\n\n\n<\/tr>\n<\/tbody>\n<\/table>\n

In February 2025, Donald Trump invoked the IEEPA to impose duties on imports from China, Canada and Mexico, citing national security concerns and unfair trade practices. Then in April, he expanded the measures into reciprocal tariffs targeting 57 countries.<\/p>\n

In effect, U.S. businesses and consumers paid more than $175\u202fbillion in duties.\u00a0<\/p>\n

On Friday, the Supreme Court ruled in\u00a0Learning Resources, Inc. v. Trump that IEEPA does not authorize Trump to impose tariffs, confirming that the Court of International Trade has exclusive jurisdiction over the IEEPA tariffs.<\/p>\n

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While CBP continued collecting the duties during the pending litigation, it announced that IEEPA duty collection would cease Tuesday.<\/p>\n

The White House and CBP did not immediately respond to FOX Business’ request for comment.<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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Ticker<\/th>\nSecurity<\/th>\nLast<\/th>\nChange<\/th>\nChange %<\/th>\n<\/tr>\n<\/thead>\n
FDX<\/td>\nFEDEX CORP.<\/td>\n383.71<\/td>\n-4.77<\/td>\n\n -1.23%\n <\/td>\n<\/tr>\n