FedEx says it will return any refunds it gets from Trump tariffs to customers 

Delivery giant FedEx said it will return to customers any refunds it gets from President Trump’s tariffs after the Supreme Court ruled them unlawful last week. 

FedEx is among more than 1,000 companies that have filed lawsuits with the U.S. Court of International Trade to recoup the costs of Trump’s tariffs, mostly filed before the Supreme Court ruling.

“If refunds are issued to FedEx, we will issue refunds to the shippers and consumers who originally bore those charges,” FedEx said in a statement Thursday. “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.”

In its ruling, the Supreme Court did not specify a means nor a timeline for when the Trump administration must distribute refunds to companies that incurred the costs of tariffs. Senate Democrats rolled out legislation Monday with a 180-day deadline for the Trump administration to pay back the $175 billion it collected through tariffs. 

“Senate Democrats will continue fighting to rein in Donald Trump’s price-hiking trade and economic policies,” said Sen. Ron Wyden (D-Ore.), one of the lead sponsors of the legislation. “A crucial first step is helping people who need it most, by putting money back in the pockets of small businesses and manufacturers as soon as possible.”

The Supreme Court’s decision means the president can no longer use the International Emergency Economic Powers Act to impose tariffs, but almost immediately following the ruling, Trump announced that he would impose tariffs using other trade tools. This included the announcement of a 10 percent universal tariff he imposed through Section 122 of the Trade Act, which expire in 150 days without congressional approval.

“In order to protect our country, a president can actually charge more tariffs than I was charging in the past period of a year under the various tariffs authorities,” Trump told reporters after the ruling last week, adding, “We can use other of the statutes, other of the tariff authorities, which have also been confirmed and are fully allowed.”