The logistics large will search to recoup tariff charges, though the courts have but to ascertain a refund course of.
Revealed On 24 Feb 2026
FedEx has sued the US 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 docket dominated 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 amassing the tariffs imposed by Trump underneath the 1977 Worldwide Emergency Powers Act (IEEPA).
FedEx stated in its authorized criticism 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 determination to finish tariff exemptions on small packages valued underneath $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 corporations, and US customers.
The Supreme Court docket ruling didn’t provide steerage on whether or not the federal government ought to refund the billions of {dollars} in tariffs collected over the previous 12 months underneath IEEPA or how a refund course of ought to proceed.
Consultants have stated that it may take months, if not years, to untangle the online of tariffs and type out refunds. Trump has individually promised to impose a 15 p.c “world tariff” to interchange the IEEPA tariffs.
FedEx stated in a press release that it had “taken essential motion to guard the corporate’s rights as an importer of report to hunt responsibility 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 12 months when he launched a commerce conflict 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 Funds Lab estimated that the US collected $142bn in tariffs underneath 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, comparable to sector-specific tariffs imposed underneath Part 232 of the Commerce Growth Act of 1962, or Part 301 of the Commerce Act of 1974.
The Yale Funds Lab stated customers will now face a median tariff charge of 9.1 p.c. The determine is lower than the 16.9 p.c common charge underneath the IEEPA, however the highest for the reason that finish of World Warfare II.