https://www.reuters.com/world/fedex-sues-us-refund-trumps-emergency-tariffs-2026-02-23/LOS ANGELES, Feb 23 (Reuters) - Global transportation company FedEx (FDX.N) on Monday filed a lawsuit in the U.S. Court of International Trade seeking a refund for President Donald Trump's emergency tariffs, one of the highest profile moves to recover funds since the U.S. Supreme Court last week deemed the tariffs illegal.A flood of lawsuits to recover billions of dollars is expected by trade attorneys after the blockbuster ruling. The recovery process still has to be worked out by a lower court, though, complicating the matter.More than $175 billion in U.S. tariff collections are subject to potential refunds after the U.S. Supreme Court on Friday ruled 6-3 that Trump overstepped his authority by using the International Emergency Economic Powers Act, a sanctions law, to impose tariffs on imported goods, Penn-Wharton Budget Model economists said."Plaintiffs seek for themselves a full refund from Defendants of all IEEPA duties Plaintiffs have paid to the United States," FedEx said in the lawsuit, referring to tariffs Trump imposed.FedEx and its logistics arm served as importer of record on goods subject to IEEPA tariffs. The Memphis-based company did not provide the dollar value of the refund it is seeking.FedEx in its lawsuit named U.S. Customs and Border Protection, the agency's commissioner Rodney Scott and the United States of America as defendants. CBP and the White House did not immediately respond to requests for comment.
Hadn't they already recieved it? The money was in a box and thrown over a neighbour's fence.
>>1491551Given all the money is in an offshore account of trumps in Qatar, it should be easy to seize one way or another.
>>1491531Oh man, the consumers are getting their money back, huh?This definitely wasn't a tax on billionaires.My poor neighbor FedEx (NYSE:FDX) is healing.We did it liggeral bros!. We got fooled AGAIN.
>>1491553>This definitely wasn't a tax on billionaires.It was a tax on businesses. Businesses passed the cost onto consumers.Now the tax is getting reversed, but debt trickles down and profits don't. This is your billionth lesson that trickle down economics is a scam.By the way, prices aren't going back down.
>>1491560Fucking this. And don't argue "Well the same thing will happen with a billionaire tax!" because this affected ALL businesses and their products.
>>1491560>It was a tax on businesses. Businesses passed the cost onto consumers.>>1491563So, what you're telling me is that all taxes on businesses are passed to the customer, huh?So, do you folks still want o raise taxes or nah?And sorry guys I'm just having so much fun with the new anti-tax Dems figuring out why everyone else hates taxes.And the sad part is, you've learned nothing. You just wanted a "win" on something.
we are talking about a guy who had to settle almost a thousand lawsuits before he could even take office in 2017.
>>1491565Well, you half won, and defeated yourselves doing so.>Just tax the BILLIONAIRES>Oh no, the billionaires are passing the taxes onto their consumers!!!Lol. What maroons. How can you all even right now?
>>1491564Good post
>>1491564>>1491568>So, what you're telling me is that all taxes on businesses are passed to the customer, huh?They are when you TAX THEIR FUCKING IMPORTED PRODUCTS AND MATERIALS you fucking moron. That literally leaves them with no choice but to pass on costs because it increases the prices of getting things for everyone.
>>1491568I'm glad they're not going to tax me on all those bought rights to tariff refunds for 20-30 cents on the dollar
>>1491531oh cool can i get back my 8$ as a canadian? bought a grill on temu and fed ex charged me an extra 11 something cad for delivery which i'm assuming has to be due to tariffs.
>>1491565with great money comes great power TO SUE everyone. pending civil suits are meaningless.
>>1491551kek if I were trump I would say this exact thing
>>1491594>>1491607>>1491594>>1491607Sorry, consumers and those are the lowest strung of the ladderare going to get any tarrif rebates
>>1491575the post was retarded just like you.
>>1491577And this deviates from standard taxation how exactly?This is why I'm having such a blast.Neo Nazi Socialists are fucking imploding and they don't even realize it.
>>1491626That would require Trump to have actual wit.
>>1491594>tfw the retards telling you tariffs are bad want to tax billionaires to fund social programs without any sense of irony
>>1491704get a real job
>>1491693The post that destroyed Democrats.How can they ever recover.
>>1491693>And this deviates from standard taxation how exactly?Standard taxation isn't what tariffs are. Let's say we put in a billionaire tax; they can very well try to increase prices to make up for making slightly less profit, but their competition in a local market can keep their prices lower because they aren't subject to that same tax. But when you put tariffs on the raw products both the billionaire and local businesses and everyone in between need, they ALL have to increase prices. Meaning the consumer objectively loses instead of merely having a more expensive option.
>>1491709>Standard taxation isn't what tariffs are. Let's say we put in a billionaire tax; they can very well try to increase prices to make up for making slightly less profit, but their competition in a local market can keep their prices lower because they aren't subject to that same tax. But when you put tariffs on the raw products both the billionaire and local businesses and everyone in between need, they ALL have to increase prices. Meaning the consumer objectively loses instead of merely having a more expensive option.What world do you live in where non-billionaires import shit from China.Also the same line of thought applies to the tariffs regarding US made products.So, you're essentially providing the argument for tariffs in the most moronic way possible to advocate against them.Essentially you're an obvious retard with fucked up mental processes.You owned yourself on this one. Tariffs are a tax on billionaires. Taxes on billionaires raise prices. You are anti-tax now, but struggling to not realize it.
>>1491693>>1491708Least obvious samefagging in this thread
>>1491712>What world do you live in where non-billionaires import shit from China.Hey, retard. I want you to go to a local store; clothes store, game store, whatever. Any local place owned by local owners. And I want you to time how long it takes to find a product that says "Made in China" on it. I guarantee you it will take less than 2 minutes at longest.
>>1491712>Also the same line of thought applies to the tariffs regarding US made products.>So, you're essentially providing the argument for tariffs in the most moronic way possible to advocate against them.Ok do you even know what a tariff is and how it works? Because it really, really sounds like you don't.>Tariffs are a tax on billionaires.And everyone else who needs imports or even needs things whose prices are decided by how available imports are you fucking brainlet.
>>1491715Why? Their prices were already higher than Walmart. Do you even have a grasp of shit?No, I understand that you don't understand.>>1491716Define this tariff for me then.God you stupid fucks are soooo fucking retarded.
>>1491709>Standard taxation isn't what tariffs are. Let's say we put in a billionaire tax; they can very well try to increase prices to make up for making slightly less profit, But when you put tariffs on the raw products both the billionaire and local businesses and everyone in between need, they ALL have to increase prices. Meaning the consumer objectively loses instead of merely having a more expensive option.>Hey, retard. I want you to go to a local store; clothes store, game store, whatever. Any local place owned by local owners. And I want you to time how long it takes to find a product that says "Made in China" on it. I guarantee you it will take less than 2 minutes at longest.Correct, and the idea behind the tariffs is to get companies to invest in US made to avoid the tariffs.>their competition in a local market can keep their prices lower because they aren't subject to that same tax.As someone said (who ignored the US has plenty of un-mined raw materials, but the mining industry, which would make jobs in the US, barely even exists).So, taxes are passes to the consumer and you expect me to believe tariffs exist in this bubble? No, I shouldn't have to deal with your brain trying to avoid being wrong, realizing it's wrong, but refusing to believe it.>Tax the richPrices go up>Tax the landlordsRent goes upInteresting. It's like consumers pay expenses. Who'da even thunk?Now, don't reply to me unless you admit you're an idiot in writing, and apologize for assailing me with your idiocy. And welcome to the "fuck taxes" club. Gonna need you all to just shut your retard holes though since you're idiots.
>>1491531lol this just shows the absurdity of ruling he somehow can't deploy tariffs.
>>1491729>>Tax the rich>Prices go upLocal retard literally had the difference between taxing the rich specifically and tariffs spelled out and still doesn't get it.>Correct, and the idea behind the tariffs is to get companies to invest in US made to avoid the tariffs.Which they utterly failed to do because their universal nature means investing in the US would actually be more expensive than just passing on tariffs because every factory in the US is on some level reliant on exports. You argue "We have tons of un-mined minerals!" but we don't have the infrastructure required to replace imports overnight because your mouth breathing retard of a president decided to try to force people to invest in the US first before making the infrastructure required for them to do so. It also doesn't help he changes his mind on what tariffs affect who what and where literally daily so it is genuinely better to wait for him to leave office or die so someone who'll have consistent long term policy comes in and they can actually make decisions that aren't gonna be invalided overnight.
>>1491792>Local retard literally had the difference between taxing the rich specifically and tariffs spelled out and still doesn't get it.You will never specifically tax the rich.You will continue coping.>Which they utterly failed to do because their universal nature means investing in the US would actually be more expensive than just passing on tariffs because every factory in the US is on some level reliant on exports.I'll assume you meant imports?You argue "We have tons of un-mined minerals!" but we don't have the infrastructure required to replace imports overnight because your mouth breathing retard of a president decided to try to force people to invest in the US first before making the infrastructure required for them to do so.Actually, we have most of it, or had most of it. So, you must be like 12 or something. Democrats shut it all down, and gave it all away in the 90s.So, it was here, but no longer. And with Democrats trying to live up to Obama's threat that "those jobs aren't coming back" as hard as they can why would anyone invest in the US when Dirtycraps will just terminate it and create a propaganda campaign to manufacture consent as usual.>It also doesn't help he changes his mind on what tariffs affect who what and where literally daily so it is genuinely better to wait for him to leave office or die so someone who'll have consistent long term policy comes in and they can actually make decisions that aren't gonna be invalided overnight.Like who? The last guy that replace him was Joe Biden, destroyer of economies. All you want to do is get in so you can steal tax dollars. Perhaps you should die?
>>1491799>Actually, we have most of it, or had most of it. So, you must be like 12 or something. Democrats shut it all down, and gave it all away in the 90s.>So, it was here, but no longer. And with Democrats trying to live up to Obama's threat that "those jobs aren't coming back" as hard as they can why would anyone invest in the US when Dirtycraps will just terminate it and create a propaganda campaign to manufacture consent as usual.Yeah this doesn't change the fact we're making decisions right now that rely on things that do not exist in the present.>Like who? The last guy that replace him was Joe Biden, destroyer of economies.Joe Biden didn't flip flop on trade deals monthly and slap tariffs because he didn't like someone's tone on a phone call. Trump is unstable and it is literally impossible to invest in the US while he is in charge.
>>1491803>Yeah this doesn't change the fact we're making decisions right now that rely on things that do not exist in the present.But they could. The problem is mostly opposition from Democrats who, for some odd reason, don't want US citizens to have jobs, per Obama himself.>Joe Biden didn't flip flop on trade deals monthly and slap tariffs because he didn't like someone's tone on a phone call. Trump is unstable and it is literally impossible to invest in the US while he is in charge.No he just issued shitty supply line EOs and endorsed trash policy that spiked energy prices and caused massive inflation. Oh, and he kept all the Trump era tariffs that were already in place.Demotrash can't even come to terms with the consequences of taxes and this fuckface thinks he knows anything? Eat shit.
>>1491803Instead Joe Biden slapped on tariffs that completely undermined his policy agendas.www.bbc.com/news/business-69004520>The tariffs announced on Tuesday will hit an estimated $18bn worth of imports, the White House said.>As well as a rise from 25% to 100% on electric vehicle tariffs, levies on solar cells will increase from 25% to 50%.>Tariff rates on certain steel and aluminium products will more than triple to 25%, up from 7.5% or less. Which is really weird because I thought Biden wanted more people to drive electric cars, wouldn't putting a 100% tariff on electric cars make them unaffordable?
>>1491819It would probably make them made in America as tariffs intended.But hey, it's just a tax on consumers. Billionaires don't even consider profit and loss because they're so rich.Biden would've been based as fuck if he slapped a tariff on autos built in Mexico disguised as American or German vehicles.
>>1491818>>1491819>I still can't tell the difference between universal tariffs and tariffs on specific productsyes anon we know.>But they could.Maybe should've done it before you started doing the things that need it to work. You're trying to buy a cart with no horses to pull it.
>>1491822This isn't an apology. It's further coping retardation.The denial phase of grief.
>>1491820So when Biden imposes the tariffs it leads to products being made in America as intendedAnd when Trump imposes tariffs?
>>1491824Biden used a scalpel. Trump uses a hammer. Universal tariffs for shit as simple as "I didn't like your tone" literally achieves nothing other than driving people away from us.
>>1491825Why was he using a scalpel on Electric vehicles and solar cells specifically?It's like he was taking the heart out of his green policy. I don't think it was a successful surgery, Biden should have put the scalpel down
>>1491825The world still depends on the US for.. nearly everything. Hence why tariffs are a good idea. They cannot afford to lose the US.
>>1491828>Hence why tariffs are a good ideaHow are they working out right now? It's been a year. >>1491827Wanted EV industries IN THE US, not reliant on China.
>>1491831>How are they working out right now?Depends who you ask.Democrats and europeans said that it would bankrupt the US back in may of 2025.Trump says he's going to use them to replace income tax.
>>1491828Fuck the world. If they want access to the US they can kiss the ring. Otherwise, leave 'em to the Chinks and see how they like speaking Chinese.
>>1491833>Trump says he's going to use them to replace income tax.I don't give a shit what Trump says. Trump says everything is fine, jobs numbers are up, there's no AI bubble and the Epstein files don't exist. He's disconnected from reality; we have a year of raw numbers. Go look at them and tell me how well you think those tariffs are going.
>>1491828America's only export now is AI slop.
