FedEx seeks refund after Supreme Court rules Trump tariffs illegal

FedEx has sued the U.S. government asking to be repaid tariffs it paid after the Supreme Court found those tariffs unconstitutional; the article mentions other companies are pursuing similar refunds and lower courts will handle claims.

FedEx has filed a lawsuit in the U.S. Court of International Trade seeking a full refund of tariffs it paid after the Supreme Court ruled those tariffs illegal. The company said the payments caused it harm and that court relief would address those harms. Other U.S. companies have also moved to recoup costs following the ruling. The Supreme Court found tariffs imposed under an emergency powers law to be unconstitutional. Known points: - FedEx filed in the U.S. Court of International Trade asking for repayment of tariffs paid after the Supreme Court decision. - The article mentions other firms, including Costco and Revlon, have launched efforts to recover similar payments. - The Supreme Court ruled that tariffs imposed under an emergency powers law were unconstitutional, and lower courts will process refund claims. Summary: The filings indicate a wave of cases seeking repayment of duties collected after the high court's decision. The next step is lower court consideration of refund claims; timing and outcomes are undetermined at this time.