economy
February 27, 2026
FedEx promises tariff refunds if administration gives back money
Global transport company FedEx says it will redistribute tariff money to its customers if it receives refunds following the Supreme Court’s decision last Friday to block the president’s “Liberation Day” tariffs.

TL;DR
- FedEx will redistribute tariff money to customers if it receives refunds from the government.
- The Supreme Court blocked the president's "Liberation Day" tariffs.
- FedEx has filed a lawsuit seeking a full refund of revenue lost to IEEPA tariffs.
- The company is waiting for government and court guidance on the refund process.
- President Trump announced new global tariffs under Section 122 of the Trade Act of 1974 after the Supreme Court decision.
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