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FedEx Seeks Tariff Refund After Supreme Court Ruling
Other major U.S. companies also looking to recoup costs from illegal Trump-era tariffs.
Published on Feb. 24, 2026
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FedEx is suing the U.S. government, requesting a full refund on the tariffs it paid under President Donald Trump's trade policies after the Supreme Court ruled the tariffs were unconstitutional. Other large corporations like Costco and Revlon have also launched efforts to recoup costs from the illegal tariffs.
Why it matters
The Supreme Court's ruling that Trump's tariffs were unconstitutional could open the door for many companies to seek refunds on the billions of dollars in tariffs paid over the past several years. This highlights the significant financial impact of the Trump administration's trade policies on American businesses.
The details
FedEx said in a court filing that it has "suffered injury" from having to pay the tariffs and is seeking relief that would redress those injuries. The Treasury had collected over $133 billion from the import taxes Trump imposed under emergency powers as of December, and the total impact over the next decade has been estimated at $3 trillion.
- On February 23, 2026, the Supreme Court struck down President Donald Trump's global tariffs.
- Trump has vowed to collect tariffs through other means, including a stop-gap option under Section 122 of the Trade Act of 1974 that allows the president to impose tariffs of up to 15% for up to 150 days.
The players
FedEx
An American multinational courier delivery services company that is suing the U.S. government for a refund on tariffs paid under Trump's trade policies.
Costco
A large U.S. retail corporation that has also launched efforts to recoup costs from the illegal Trump-era tariffs.
Revlon
A major American cosmetics, skin care, fragrance, and personal care company that has joined other companies in seeking refunds for tariffs paid under Trump's trade policies.
Donald Trump
The former President of the United States who imposed the tariffs that have now been ruled unconstitutional by the Supreme Court.
What they’re saying
“We must not let individuals continue to damage private property in San Francisco.”
— Robert Jenkins, San Francisco resident (San Francisco Chronicle)
What’s next
Trump has vowed to collect tariffs through other means, including a stop-gap option under Section 122 of the Trade Act of 1974 that allows the president to impose tariffs of up to 15% for up to 150 days. But any extension beyond 150 days must be approved by a Congress likely to balk at passing a tax increase as November's midterm elections loom.
The takeaway
The Supreme Court's ruling against Trump's tariffs could open the floodgates for companies to seek refunds on billions of dollars in tariffs paid in recent years, highlighting the significant financial impact of the administration's trade policies on American businesses.
