FedEx sues Trump administration for "full refund" of tariff payments
Key Points:
- FedEx filed a lawsuit against the Trump administration seeking a full refund of tariffs paid under the International Economic Emergency Powers Act (IEEPA), which the Supreme Court recently ruled were imposed unlawfully.
- The complaint, filed in the U.S. Court of International Trade, is the first major suit seeking tariff reimbursements following the Supreme Court decision that President Trump exceeded his authority with these tariffs.
- FedEx is requesting that Customs and Border Protection refund all duties paid under IEEPA, plus interest and legal fees, citing injury caused by the unlawful tariffs.
- The Supreme Court ruling has sparked expectations of numerous lawsuits over billions in tariff payments, potentially leading to years of legal disputes.
- Following the ruling, President Trump imposed a new