FedEx Seeks Tariff Refund With Lawsuit Against US
Summary
FedEx has filed a lawsuit against the United States, seeking a full refund of tariffs enacted by President Donald Trump’s administration. The lawsuit, filed in the U.S. Court of International Trade, stems from a U.S. Supreme Court ruling that found Trump’s use of the International Emergency Economic Powers Act (IEEPA) was unauthorized. FedEx is seeking to recover all duties paid as a result of IEEPA orders, along with accrued interest and attorney’s fees. The company argues that the tariffs were improperly levied given the Supreme Court’s decision regarding the act’s authorization.
(Source:The Epoch Times)