FedEx says it will return to customers any refunds it gets back from Trump's illegal tariffs
NBC News
Delivery company FedEx said in a statement on Thursday that it will return any tariff refund it might get to shippers and customers who paid them
Delivery company FedEx said in a statement on Thursday that it will return any tariff refund it might get to shippers and customers who paid them.
The statement came after FedEx filed suit in the U.S. Court of International Trade to request a refund on what it paid for tariffs set by President Donald Trump under the International Emergency Economic Powers Act. On Friday, the Supreme Court ruled that the IEEPA tariffs are illegal.
More than 1,000 companies have filed suit in the U.S. Court of International Trade in efforts to recoup costs from the illegal tariffs, including large U.S. corporations like Costco and Revlon.
“If refunds are issued to FedEx, we will issue refunds to the shippers and consumers who originally bore those charges,” FedEx said in a statement on Thursday. “When that will happen and the exact process for requesting and issuing refunds will depend in part on future guidance from the government and the court.”
The Supreme Court ruling did not address implementation of any system by which the companies and individuals who paid those tariffs could be refunded.
Americans are poised to receive bigger refunds when they file their taxes this year than they did in 2025, due to changes in the tax code
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