The logistics large will search to recoup tariff charges, though the courts have but to determine a refund course of.
Revealed On 24 Feb 2026
FedEx has sued the USA authorities to acquire a refund of cash the logistics large paid for tariffs imposed by President Donald Trump, simply days after the US Supreme Court docket struck down the authorized foundation for the president’s scheme.
The Supreme Court ruled on Friday that Trump had overstepped his energy and that solely the US Congress had the authority to impose tariffs throughout peacetime.
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FedEx filed the go well with within the US Court docket of Worldwide Commerce on Monday towards Customs and Border Safety and its commissioner, Rodney Scott, who have been tasked with accumulating the tariffs imposed by Trump below the 1977 Worldwide Emergency Powers Act (IEEPA).
FedEx stated in its authorized grievance that the corporate had “suffered harm” from the tariffs and would search a “full refund” from the US authorities following the Supreme Court docket ruling.
The corporate stated in September that it anticipated to maintain a $1bn hit in 2026 from the tariffs in addition to a associated resolution to finish tariff exemptions on small packages valued below $800, based on the Reuters information company.
Regardless of the court docket’s landmark ruling, there’s nonetheless a lot uncertainty for FedEx and different world retailers, logistics firms, and US shoppers.
The Supreme Court docket ruling didn’t supply steerage on whether or not the federal government ought to refund the billions of {dollars} in tariffs collected over the previous yr below IEEPA or how a refund course of ought to proceed.
Specialists have stated that it could take months, if not years, to untangle the online of tariffs and type out refunds. Trump has individually promised to impose a 15 percent “global tariff” to interchange the IEEPA tariffs.
FedEx stated in an announcement that it had “taken vital motion to guard the corporate’s rights as an importer of file to hunt obligation refunds from US Customs and Border Safety”, though “no refund course of has been established by regulators or the courts”.
The Chamber of Commerce and the Nationwide Retail Federation are among the many business teams pushing for a swift refund course of.
Reuters reported that low cost retailer Costco, cosmetics model Revlon, and eyewear firm EssilorLuxottica are additionally in search of tariff refunds.
Trump turned world commerce the other way up final yr when he launched a commerce battle towards Canada, Mexico and China, earlier than increasing it to incorporate most US commerce companions, together with nations with pre-existing free-trade agreements.
The Yale Finances Lab estimated that the US collected $142bn in tariffs below the IEEPA as of mid-December 2025. Different estimates have put the determine nearer to $175bn.
Whereas the IEEPA tariffs have been struck down, others stay in place, corresponding to sector-specific tariffs imposed below Part 232 of the Commerce Growth Act of 1962, or Part 301 of the Commerce Act of 1974.
The Yale Finances Lab stated shoppers will now face a mean tariff charge of 9.1 %. The determine is lower than the 16.9 % common charge below the IEEPA, however the highest for the reason that finish of World Conflict II.
