FedEx Joins U.S. Firms in Suing Trump, Demanding Refund of Hiked Tariffs

FedEx is suing the US government, seeking a full refund of tariffs it paid last year after the Supreme Court ruled that the duties imposed by President Donald Trump were illegal, Michelle Chapman reported for the Associated Press (AP).

Apart from FedEx, other companies that have launched efforts to recoup costs from the invalidated tariffs include Costco and Revlon. (Photo: FedEx)

In a filing with the US Court of International Trade (CIT), FedEx said it had “suffered injury” from paying the tariffs and that the relief it seeks from the court would redress those injuries.

Other companies have launched efforts to recoup costs from the invalidated tariffs, including major US corporations such as Costco and Revlon.

The National Retail Federation (NRF) said in a statement Friday that the Supreme Court’s ruling provided certainty for US businesses and manufacturers.

“We urge the lower court to ensure a seamless process to refund the tariffs to US importers,” it said. “The refunds will serve as an economic boost and allow companies to reinvest in their operations, their employees, and their customers.”