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1 month ago

FedEx sues Trump administration for full tariff refunds after Supreme Court ruling on IEEPA

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 custom...

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1 month ago
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