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Supreme Court Ruling
The high court rules that the use of IEEPA for these specific tariffs exceeded executive authority.
Legal Proceedings
Expected window for initial court hearings and potential rulings on the validity of the tariff refunds.
FY2026 Earnings Impact
End of the fiscal year for which FedEx projected a $1 billion hit from tariff-related costs.
FedEx and thousands of other companies file lawsuits in the Court of International Trade.
The Supreme Court overturns the tariffs, citing violations of the Administrative Procedure Act.
FedEx sues for a full refund, rejecting the government's partial repayment plan.
FedEx Files Lawsuit
FedEx formally sues for a refund, challenging the legal basis of the emergency declarations.
FedEx Files Lawsuit
FedEx officially sues the U.S. government for a full refund of all related duties.
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.
Administrative Appeals
U.S. importers engage in lengthy administrative reviews and appeals processes with the Department of Commerce.
Duties Paid Under Protest
FedEx and other corporations pay tariffs while legal challenges move through lower courts.
Tariff Implementation
The Trump administration imposes various emergency tariffs under Section 232 and 301.
Tariff Implementation
The Trump administration imposes multiple rounds of tariffs on Chinese imports under Section 301.
Tariff Imposition
The Trump administration utilizes IEEPA to impose broad import duties on various goods.
FedEx has initiated legal action against the U.S. government to recover tariff payments following a Supreme Court decision that invalidated the executive branch's use of the International Emergency Economic Powers Act (IEEPA) for specific import duties. This case marks a critical turning point for corporate resistance to unilateral trade policies.
FedEx has filed a lawsuit against the U.S. government seeking a full refund of tariffs paid during the Trump administration, following a legal victory that overturned the trade levies. The logistics giant argues that partial refunds issued thus far are insufficient under the Supreme Court's mandate.
Logistics giant FedEx has filed a major lawsuit seeking a full refund for 'emergency' tariffs imposed during the Trump administration. The legal action marks a significant corporate challenge to the executive branch's use of trade authority to bypass traditional legislative oversight.
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.