FedEx Seeks Tariff Refund With Lawsuit Against US

FedEx is suing the United States Feb. 23, seeking a full refund on President Donald Trump’s emergency tariffs after the U.S. Supreme Court ruled his use of the International Emergency Economic Powers Act (IEEPA) lacked authorization. The lawsuit, filed in the U.S. Court of International Trade, seeks to recoup all duties paid by FedEx as a result of IEEPA orders and any interest accrued, plus attorney’s fees. The Tennessee-based shipping giant focused its lawsuit mainly on the emergency tariffs imposed on Mexico, Canada, and China, and the 10 percent baseline tariff on all imports to the United States, which went into effect on April 5, 2025....