FedEx to Refund Illegal Tariffs, Win for Businesses
Irvine News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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FedEx to Refund Shippers and Customers for Illegal Tariffs: A Win for Businesses and Consumers
FedEx has committed to returning any refunds from unlawful tariffs to shippers and customers, following the Supreme Courts ruling that tariffs imposed under the International Emergency Economic Powers Act were unlawful. The company, along with over a thousand other businesses, had sued for refunds of duties set during the Trump administration. This decision could bring relief to numerous businesses and consumers who paid higher shipping fees over the years. While the refund process may take time, FedEx has pledged transparency and updates as more information becomes available.
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