FedEx Sues for Refund of Trump Tariffs Rejected by Supreme Court
The New York Times • • nation
Key Points:
- FedEx filed a lawsuit in the U.S. Court of International Trade seeking a refund of U.S. tariffs that the Supreme Court recently ruled unlawful.
- The company is requesting that Customs and Border Protection repay the tariffs, with FedEx expected to be among many businesses pursuing refunds.
- The tariffs, imposed by President Trump a year ago, generated up to $175 billion for the government before being struck down by the Supreme Court.
- FedEx acts as an importer of record, paying customs duties and typically passing these costs to customers, who are likely to receive any refunded amounts.
- While the Trump administration indicated it would comply with refund orders if tariffs were ruled unlawful, President Trump suggested refunds could face legal challenges.
