FedEx joins other US companies in seeking a refund after Trump tariffs are ruled illegal

FedEx is suing the U.S. government, the latest company to request a refund on what it paid for tariffs set by President Donald Trump last year after the Supreme Court ruled that the 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. Most of the lawsuits were already in process ahead of the Supreme Court decision Friday.

FedEx said in a filing with the U.S. Court of International Trade that they have ''suffered injury'' from having to pay the tariffs and that the relief they're seeking from the court would redress those injuries.

Tim Meyer, a law professor at Duke University, said each case is likely to have to be tried individually.

''We're going to have to wait and see how the government decides to handle the refund claims,'' he said. ''And then if the government chooses not to set up a process for the refunds, ultimately the Court of International Trade is going to have to adjudicate over a thousand cases.''

The National Retail Federation said in a statement on Friday that the Supreme Court's ruling provided certainty for U.S. businesses and manufacturers.

''We urge the lower court to ensure a seamless process to refund the tariffs to U.S. importers,'' it said. "The refunds will serve as an economic boost and allow companies to reinvest in their operations, their employees and their customers.''

The court's ruling found tariffs that Trump imposed under an emergency powers law were unconstitutional, including the sweeping ''reciprocal'' tariffs he levied on nearly every other country.

The Treasury had collected more than $133 billion from the import taxes the president has imposed under the emergency powers law as of December, federal data shows. The impact over the next decade has been estimated at some $3 trillion. A study by the Federal Reserve Bank of New Yor k found U.S. businesses and consumers are paying nearly 90% of the tariffs that Trump has imposed.