Close Menu
  • Home
  • AI
  • Art & Style
  • Economy
  • Entertainment
  • International
  • Market
  • Opinion
  • Politics
  • Sports
  • Trump
  • US
  • World
What's Hot

President Trump plans first State of the Union address of second term: What to expect | Donald Trump News

February 23, 2026

Anthropic accuses Chinese AI lab of mining Claude as US debates exporting AI chips

February 23, 2026

I think we can double this business.

February 23, 2026
Facebook X (Twitter) Instagram
WhistleBuzz – Smart News on AI, Business, Politics & Global Trends
Facebook X (Twitter) Instagram
  • Home
  • AI
  • Art & Style
  • Economy
  • Entertainment
  • International
  • Market
  • Opinion
  • Politics
  • Sports
  • Trump
  • US
  • World
WhistleBuzz – Smart News on AI, Business, Politics & Global Trends
Home » FedEx sues for reversal of Trump tariffs following Supreme Court ruling
Politics

FedEx sues for reversal of Trump tariffs following Supreme Court ruling

Editor-In-ChiefBy Editor-In-ChiefFebruary 23, 2026No Comments2 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
Follow Us
Google News Flipboard
Share
Facebook Twitter LinkedIn Pinterest Email


Workers unload packages from a FedEx truck on Cyber ​​Monday, Monday, December 1, 2025, in New York, USA.

Beth Adler | Bloomberg | Getty Images

federal express on Monday sued the U.S. government for a “full refund” of money the shipping giant paid for tariffs unilaterally imposed by President Donald Trump last year, which the Supreme Court ruled last week were illegal.

FedEx’s lawsuit appears to be the first by a major U.S. company to seek restitution of tariffs after Friday’s Supreme Court ruling.

Other companies also filed lawsuits seeking refunds before the high court ruled that Trump’s tariffs were illegal under the International Emergency Economic Powers Act.

These lawsuits, with retail warehouse giant Costco as the plaintiff, are pending in the same U.S. Court of International Trade in New York where FedEx filed the suit.

Read more CNBC’s political coverage

The Supreme Court said in Friday’s ruling that the International Trade Court has “exclusive jurisdiction” over IEEPA tariffs.

“Plaintiffs are seeking a full refund from Defendants of all IEEPA duties paid by Plaintiffs to the United States,” Federal Express Corporation and its affiliate FedEx Logistics say in the new lawsuit.

The 11-page complaint names U.S. Customs and Border Protection, which collects the tariffs, its Commissioner Rodney Scott, and the U.S. government as defendants.

CNBC has reached out to CBP and the White House for comment on the lawsuit.

The complaint does not say how much FedEx has paid in IEEPA tariffs since President Trump imposed tariffs on most U.S. trading partners last year.

But FedEx said in September that it expected a $1 billion hit to its revenue this fiscal year because of U.S. trade policy, not all of which is related to IEEPA tariffs. This amount represents 16% of the total revenue of the previous financial year.

“Although the Supreme Court did not address the issue of refunds, FedEx has taken the necessary steps to protect its right as an importer of record to seek refunds of duties from U.S. Customs and Border Protection,” FedEx said in a note on its website.

“However, no refund procedures have been established by regulators or courts at this time,” the company said. “We will provide you with relevant information and updates in a timely manner. We appreciate your patience as we await further guidance and clarification from the U.S. government and courts.”



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Editor-In-Chief
  • Website

Related Posts

Panama abandons China-related port agreement, transfers canal terminal to Maersk, MSC

February 23, 2026

Congress considers its role regarding tariffs following Supreme Court ruling

February 23, 2026

Dr. Peter Attia appears on CBS News

February 23, 2026
Add A Comment

Comments are closed.

News

President Trump plans first State of the Union address of second term: What to expect | Donald Trump News

By Editor-In-ChiefFebruary 23, 2026

WASHINGTON, DC – US President Donald Trump is scheduled to deliver the first annual State…

Russia-Ukraine War: List of major events, day 1,461 | Russia-Ukraine War News

February 23, 2026

President Trump’s new tariff threats cause economic uncertainty. Trade deal impasse trade war news

February 23, 2026
Top Trending

Anthropic accuses Chinese AI lab of mining Claude as US debates exporting AI chips

By Editor-In-ChiefFebruary 23, 2026

Anthropic has accused three Chinese AI companies of setting up more than…

With the advent of AI, investor loyalty is (almost) gone. At least 12 OpenAI VCs also back Anthropic

By Editor-In-ChiefFebruary 23, 2026

With OpenAI closing on another $100 billion in funding and Anthropic just…

Meta AI security researcher said OpenClaw agent is rampant in inboxes

By Editor-In-ChiefFebruary 23, 2026

At first glance, the much-talked about meta-AI security researcher Summer Yue’s X…

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Welcome to WhistleBuzz.com (“we,” “our,” or “us”). Your privacy is important to us. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you visit our website https://whistlebuzz.com/ (the “Site”). Please read this policy carefully to understand our views and practices regarding your personal data and how we will treat it.

Facebook X (Twitter) Instagram Pinterest YouTube

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Facebook X (Twitter) Instagram Pinterest
  • Home
  • Advertise With Us
  • Contact US
  • DMCA Policy
  • Privacy Policy
  • Terms & Conditions
  • About US
© 2026 whistlebuzz. Designed by whistlebuzz.

Type above and press Enter to search. Press Esc to cancel.