THENATIONALPULSE (Pulse Wires) - FedEx Sues Trump Admin for Tariff Refunds After SCOTUS Ruling.
PULSE POINTSWHAT HAPPENED: FedEx filed a lawsuit seeking a full refund of tariff payments made under the International Economic Emergency Powers Act (IEEPA), following a Supreme Court ruling.WHO WAS INVOLVED: FedEx, U.S. Customs and Border Protection, the Trump administration, and the Supreme Court.WHEN & WHERE: The lawsuit was filed Monday in the U.S. Court of […] The post FedEx Sues Trump Admin for Tariff Refunds After SCOTUS Ruling. appeared first on The National Pulse .
PULSE POINTS WHAT HAPPENED: FedEx filed a lawsuit seeking a full refund of tariff payments made under the International Economic Emergency Powers Act (IEEPA), following a Supreme Court ruling. WHO WAS INVOLVED: FedEx, U.S. Customs and Border Protection, the Trump administration, and the Supreme Court. WHEN & WHERE: The lawsuit was filed Monday in the U.S. Court of International Trade, following the Supreme Court’s ruling last Friday. KEY QUOTE: “This Court has jurisdiction and authority to order remedial relief and refunds of IEEPA duties paid by importers,” FedEx wrote in its lawsuit. IMPACT: The ruling opens the door to numerous lawsuits seeking refunds for billions of dollars in tariffs paid under IEEPA. IN FULL FedEx is suing…Open