Last mentioned: 1d ago
FY2026 Earnings Impact
End of the fiscal year for which FedEx projected a $1 billion hit from tariff-related costs.
FedEx Files Suit
FedEx becomes the first major company to sue for a full refund of duties paid.
FedEx Lawsuit Filed
Federal Express Corp and FedEx Logistics file an 11-page complaint in the U.S. Court of International Trade.
Supreme Court Ruling
SCOTUS strikes down Trump-era IEEPA tariffs as an overreach of executive authority.
SCOTUS Ruling
Supreme Court declares the IEEPA-based tariffs unlawful and an overreach of executive power.
FedEx Earnings Warning
FedEx executives project a $1 billion profit hit due to tariff costs.
Tariffs Imposed
Trump administration uses IEEPA to unilaterally impose sweeping global tariffs.
FedEx has filed a landmark lawsuit against the U.S. government seeking a total refund of duties paid under Trump-era emergency tariffs recently declared illegal by the Supreme Court. The move marks the first major corporate legal action following the high court's ruling that the executive branch overstepped its authority under the International Emergency Economic Powers Act (IEEPA).
FedEx has filed a landmark lawsuit against the Trump administration seeking a total refund of duties paid under the International Emergency Economic Powers Act (IEEPA). The move follows a Supreme Court decision declaring the administration's unilateral global tariffs unlawful, potentially opening the door for billions in corporate reimbursements.