FedEx says it will return to customers any refunds it gets back from Trump’s illegal tariffsBy MAE ANDERSONAP Business WriterThe Associated PressNEW YORK
NEW YORK (AP) — Delivery company FedEx said in a statement on Thursday that it will return any tariff refund it might get to shippers and customers who paid them.
The statement came after FedEx filed suit in the U.S. Court of International Trade to request a refund on what it paid for tariffs set by President Donald Trump under the International Emergency Economic Powers Act. On Friday, the Supreme Court ruled that the IEEPA tariffs are illegal.
More than 1,000 companies have filed suit in the U.S. Court of International Trade in efforts to recoup costs from the illegal tariffs, including large U.S. corporations like Costco and Revlon.
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