By The Hill
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.
