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Posted on 02/24/2026 8:58:29 PM PST by SeekAndFind
FedEx sued the U.S. government Monday, seeking a full refund of tariffs assessed under President Donald Trump’s order targeting imports.
The lawsuit is one of the highest-profile moves by a major American company following the Supreme Court's 6-3 ruling Friday, which determined that the president did not have the authority under the International Emergency Economic Powers Act (IEEPA) to impose such tariffs.
The complaint, filed against the government and U.S. Customs and Border Protection (CBP) in the Court of International Trade, alleges FedEx incurred costs to expedite shipments through customs and is entitled to a refund of duties with interest, as well as compensation for the financial harm it suffered.
"Plaintiffs seek for themselves a full refund from Defendants of all IEEPA duties Plaintiffs have paid to the United States," FedEx said in the lawsuit.
"Supporting our customers as they navigate regulatory changes remains our priority," the company told FOX Business.
"FedEx has taken necessary action to protect the company’s rights as an importer of record to seek duty refunds from U.S. Customs and Border Protection following the U.S. Supreme Court’s ruling that the tariffs issued under the International Emergency Economic Powers Act (IEEPA) are unlawful."
The lawsuit does not disclose how much FedEx has paid in tariffs. However, in September, the shipping giant said it expected a $1 billion hit to fiscal-year earnings from U.S. trade policies, only part of which involved IEEPA duties.
"While the Supreme Court did not address the issue of refunds, FedEx has taken necessary action to protect the company’s rights as an importer of record to seek duty refunds from U.S. Customs and Border Protection," the company said on its website.
"At this time, however, no refund process has been established by regulators or the courts," it added.
(Excerpt) Read more at foxbusiness.com ...
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FedEx management aren’t the sharpest bulbs in the drawer....
Seems bogus to me, since Fed Ex passed the tariff charges onto the customer. Does anyone really think they will return the money to the customer?
FedEx didn’t pay the tariffs.
The refund belongs to the American people, not FedEx:
“Americans are paying 96% of the cost of tariffs”
https://fortune.com/2026/01/20/americans-pay-nearly-all-of-tariff-burden-study/
Sorry. Get in line. It’s gonna be a while.
FedEx management owes a fiduciary obligation to its shareholders.
They are only doing what Trump said, that’s they’ll have to sue to get their money back and it could take 5 years. So now there will be a rush to sue the government for refunds.
FedEx has been doing a lousy job lately
Their decline is quite obvious
“...alleges FedEx incurred costs to expedite shipments through customs...”. Huh? Don’t they charge their customers to use their service? Why would Fedex cover the cost for this and not the customer? Something doesn’t add up here.
Absolutely not.
Who else is there to use for shipping besides UPS?
It’s just greed, an opportunity to try to scam some free money off the taxpayers.
Amen! Since Fred Smith was replaced by Raj S*%#@^$!* (you pronounce it, I can’t), FedEx has gone completely to hell.
I guess I shouldn’t be surprised 🤯
Do you honestly believe the shareholders paid the tariffs?
Fiduciary obligation is about managing the company finically sound, not engaging in political lawsuits for points.
Fed Ex fiduciary responsibility is better achieved by hiring reliable people, less DEI and more concern for their actual business.
You know, like not letting their employees steal tens of thousands of dollars in shipments.
https://freerepublic.com/focus/f-chat/4368128/posts
Not ones who redirect packages to their personal storage unit.
https://www.nasdaq.com/market-activity/stocks/fdx/institutional-holdings
Guess who installed the board.
See three of the top four names.
Another bit of pertinent info from my above link...
Institutional Ownership 80.15%
Note to the dim bulbs at Deep State...
I await the class action suit by FedEx customers who know damn well you passed along the cost.
I will be happy to join it.
FedEx ‘highly confident’ grounded MD-11 aircraft will return to service
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