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Stock impact report

FedEx sues for refund of Trump tariffs, days after Supreme Court ruling [MSNBC.com]

FedEx Corporation (FDX) 
Last fedex corporation earnings: 3/17 04:03 pm Check Earnings Report
US:NYSE Investor Relations: fedex.com/us/investorrelations
Company Research Source: MSNBC.com
A worker unloads packages from a FedEx truck on Cyber Monday in New York, US, on Monday, Dec. 1, 2025.Bess Adler | Bloomberg | Getty ImagesFederal ExpressrefundtariffsDonald TrumpSupreme CourtFedEx's suit appears to be the first filed by a major American company seeking a refund for tariffs after Friday's Supreme Court decision.Other companies filed lawsuits staking claims to their refunds before the high court ruled that the tariffs Trump imposed under theInternational Emergency Economic Powers Actillegal.Those suits, whose plaintiffs include retail warehouse club giantCostcoU.S. Court of International TradeRead more CNBC politics coverageThe Supreme Court, in its ruling on Friday, said the Court of International Trade has "exclusive jurisdiction" over the IEEPA tariffs."Plaintiffs seek for themselves a full refund from Defendants of all IEEPA duties Plaintiffs have paid to the United States," Federal Express Corp, and its associated company, FedEx Logistics, say in the new lawsuit.T Show less Read more
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