FedEx Sues Trump Administration for "Full Refund" of Tariff Payments

February 24, 2026

TL;DR

FedEx is suing the Trump administration for a refund of all tariff payments made under policies ruled illegal by the Supreme Court.
The lawsuit was filed in the U.S. Court of International Trade, seeking repayment of duties collected under the International Economic Emergency Powers Act (IEEPA).
The Supreme Court previously ruled that President Trump exceeded his authority by unilaterally imposing tariffs using IEEPA.
FedEx anticipates a potential $1 billion hit to profits in 2025 due to the Trump administration's policies.
Other corporations, including Costco, Revlon, and Bumble Bee Foods, have also sued over similar tariff issues.
The Supreme Court's ruling impacted tariffs issued under IEEPA but not those imposed under different laws.

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