FedEx Sues Trump Admin for Tariff Refunds After Supreme Court Ruling

• FedEx has filed a lawsuit against the Trump administration to reclaim tariffs declared unlawful by the Supreme Court.
• The US Supreme Court ruled that President Donald Trump exceeded his authority by imposing global tariffs using emergency economic powers.
• The judgment is a significant political setback, dismantling a key part of Trump's economic agenda.
• FedEx seeks a "full refund" of duties paid on imported goods, marking the first such lawsuit by a major corporation post-ruling.
• The government collected over $130 billion from importers through these tariffs, with new 10% duties introduced by Trump.