FedEx Seeks Refund After Trump Tariffs Ruled Illegal

Other companies also launch efforts to recoup costs from the illegal tariffs.

Published on Feb. 24, 2026

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FedEx is suing the U.S. government, requesting a full refund on what it paid for tariffs set by former President Donald Trump last year after the Supreme Court ruled that the tariffs are illegal. Other large U.S. corporations like Costco and Revlon have also launched efforts to recoup costs from the illegal tariffs.

Why it matters

The Supreme Court's ruling against Trump's tariffs provides certainty for U.S. businesses and manufacturers, allowing them to recoup funds and reinvest in their operations, employees, and customers. This could provide an economic boost as companies recover from the financial impact of the illegal tariffs.

The details

FedEx said in a filing with the U.S. Court of International Trade that they have 'suffered injury' from having to pay the tariffs and that the relief they're seeking from the court would redress those injuries. The National Retail Federation urged the lower court to ensure a seamless process to refund the tariffs to U.S. importers.

  • The Supreme Court struck down President Donald Trump's tariffs on Friday, February 24, 2026.

The players

FedEx

An American multinational courier delivery services company.

Costco

An American membership-only warehouse club that provides a wide selection of merchandise.

Revlon

An American multinational cosmetics, skin care, and personal care company.

National Retail Federation

The world's largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and internet retailers.

Donald Trump

The 45th President of the United States, who imposed the tariffs that were later ruled illegal by the Supreme Court.

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What they’re saying

“We urge the lower court to ensure a seamless process to refund the tariffs to U.S. importers. The refunds will serve as an economic boost and allow companies to reinvest in their operations, their employees and their customers.”

— National Retail Federation (National Retail Federation)

“I was absolutely ashamed of some of those justices. I think they were disloyal to our Constitution and I think they were lapdogs.”

— Donald Trump, Former President (Breitbart)

What’s next

The U.S. Court of International Trade will decide on FedEx's request for a full refund on the tariffs they paid.

The takeaway

The Supreme Court's ruling against Trump's tariffs provides much-needed certainty and relief for U.S. businesses, allowing them to recoup funds and reinvest in their operations, employees, and customers. This could provide an economic boost as companies recover from the financial impact of the illegal tariffs.