FedEx seeks refunds for Trump-era emergency tariffs after Supreme Court ruling
FedEx filed a lawsuit in the U.S. Court of International Trade asking for a full refund of IEEPA emergency tariffs imposed by President Trump, following the Supreme Court’s ruling that the tariffs exceeded authority; officials say more than $175 billion in tariff receipts could be refundable, though the lower court must work out the refund process. FedEx, as importer of record, named U.S. Customs and Border Protection and the U.S. government as defendants, and industry lawyers say refunds would depend on paperwork and contract terms, with a wave of similar cases expected.
4 hours ago•Source: Reuters
