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FedEx sues US government for tariff refund after Supreme Court ruling

World • 6d ago
FedEx sues US government for tariff refund after Supreme Court ruling
The logistics giant will seek to recoup tariff fees, although the courts have yet to establish a refund process. FedEx has sued the United States government to obtain a refund of money the logistics giant paid for tariffs imposed by President Donald Trump, just days after the US Supreme Court struck down the legal basis for the president’s scheme. The Supreme Court ruled on Friday that Trump had overstepped his power and that only the US Congress had the authority to impose tariffs during peacetime. FedEx filed the suit in the US Court of International Trade on Monday against Customs and Border Protection and its commissioner, Rodney Scott, who were tasked with collecting the tariffs imposed by Trump under the 1977 International Emergency Powers Act (IEEPA). FedEx said in its legal com...
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