FedEx Moves to Recoup Tariffs, Says Shippers Would Get Money Back

FedEx says it plans on issuing refunds to shippers and end consumers if a federal court orders the Trump administration to repay money collected from its many of its sweeping tariffs on U.S. trade partners since last April. On Monday, the logistics giant sued the federal government and U.S. Customs and Border Protection (CBP) for a full refund of the tariffs issued under the International Emergency Economic Powers Act (IEEPA), which were struck down by the Supreme Court on Feb. 20. More from Sourcing Jour ...