economy
February 27, 2026
FedEx vows to pass any tariff refunds it gets from the U.S. on to customers
Updated on: February 26, 2026 / 7:08 PM EST / CBS News
TL;DR
- FedEx will refund customers if it receives refunds for tariffs from the government.
- FedEx has sued the Trump administration seeking a full refund of tariffs paid under policies ruled illegal.
- The Supreme Court's ruling on the tariffs did not specify a refund process for businesses.
- Other companies like Bausch + Lomb, Dyson, and L'Oreal have also filed for tariff refunds.
- Legal experts suggest the issue may be prolonged in the courts.
- The Liberty Justice Center and Neal Katyal have filed motions to establish a refund process.
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