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En Banc Hearing
The full D.C. Circuit Court rehears the case, questioning the EPA's shifting justifications.
FedEx Files Suit
FedEx becomes the first major company to sue for a full refund of duties paid.
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.
Initial Panel Ruling
A three-judge panel rules that the administration has broad power to cancel the contracts.
Trump EPA Freeze
The incoming Trump administration freezes the $20 billion fund, alleging waste and fraud.
Tariffs Imposed
Trump administration uses IEEPA to unilaterally impose sweeping global tariffs.
GGRF Authorization
The Biden administration authorizes $20 billion for the Greenhouse Gas Reduction Fund.
The U.S. Court of Appeals for the D.C. Circuit is reviewing the Trump administration's decision to terminate $20 billion in clean energy grants. Judges questioned the EPA's shifting justifications for the move, while also scrutinizing the nonprofits' claims to the funds following partial legislative repeals.
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.