"Our intent is straightforward: if refunds are issued to FedEx, we will issue refunds to the shippers and consumers who originally bore those charges. When that will happen and the exact process for requesting and issuing refunds will depend in part on future guidance from the government and the court."
"Last week, the Supreme Court determined that the levies implemented by Trump under the International Emergency Economic Powers Act (IEEPA) exceeded the president's powers. Trump used this law to impose sweeping fees on imported products from China, Canada, and Mexico, as well as put reciprocal tariffs on dozens of other countries."
"Though FedEx covers the cost of duties and tariffs on a customer's behalf when packages arrive in the US, it bills customers for the fees later on. The delivery giant issued the statement after filing a lawsuit in the US Court of International Trade, asking the Trump administration for a full refund of tariff payments."
FedEx announced it will pass along refunds to shippers and consumers if the company receives reimbursement for tariff payments following the Supreme Court's ruling that certain Trump tariffs exceeded presidential authority. The company filed a lawsuit seeking full refund of tariff payments it paid on behalf of customers. FedEx covers tariff costs when packages arrive in the US but bills customers later. The refund timeline and process depend on future government and court guidance. Over 1,000 companies, including Costco, Revlon, and Dyson, have filed similar lawsuits to recoup tariff funds.
Read at The Verge
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