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FedEx, UPS, Oakley face lawsuits over Trump tariff refunds
Yahoo Finance· 2026-02-28 00:57
Core Viewpoint - FedEx Corp., United Parcel Service (UPS), and EssilorLuxottica S.A. are facing proposed class action lawsuits aimed at recovering payments for import duties and fees linked to the Trump administration's emergency tariffs, which were recently invalidated by the U.S. Supreme Court [1] Group 1: Lawsuits Filed - Morgan and Morgan has filed a lawsuit against FedEx Logistics in U.S. District Court for Southern Florida, seeking a full refund of duties paid by consumers affected by the tariffs [2] - A proposed class action lawsuit has been filed against EssilorLuxottica S.A. by Nathan Ward, claiming that the company should return reimbursements received from the U.S. government to customers charged for tariff surcharges [3] - Hali Anastopoulo has filed multiple lawsuits against FedEx and UPS in federal district courts across South Carolina, Georgia, and Tennessee, seeking repayment of duties and related costs for parcel imports [4] Group 2: Impact of Tariffs - The lawsuits are connected to the removal of a duty exemption for low-value goods, which has resulted in higher tariffs imposed on imports, affecting consumer prices significantly [5] - The tariff surcharges reportedly increased the price of purchases by approximately 6% compared to earlier prices in the spring of 2025 [3]
FedEx customers sue company for tariff refunds after US Supreme Court ruling
Yahoo Finance· 2026-02-27 23:28
Core Viewpoint - FedEx is facing a class action lawsuit seeking refunds for customers who paid import duties that should have been waived following a U.S. Supreme Court ruling against emergency tariffs imposed by former President Trump [1][2]. Group 1: Lawsuit Details - The proposed class action in Miami aims to compensate millions of shippers who incurred import duties and related fees on products that should have entered the U.S. duty-free [2]. - FedEx has stated that if refunds are issued to them, they will pass those refunds to the shippers and consumers who originally paid the charges [2]. - The lawsuit claims that FedEx's promise to issue refunds is not legally enforceable, emphasizing the goal of returning every penny improperly charged to American consumers [2]. Group 2: Context of Tariff Refunds - FedEx is one of at least 2,000 companies suing the federal government in the U.S. Court of International Trade to recover tariffs paid under the International Emergency Economic Powers Act (IEEPA) [3]. - The U.S. Supreme Court ruled on February 20 in a 6-3 decision that Trump overstepped his authority by imposing tariffs using emergency powers [3]. Group 3: Examples of Other Companies Involved - Other companies, including Hasbro, L'Oreal, Dyson, and Bausch + Lomb, have also filed lawsuits for tariff refunds, joining the growing list of retailers like Costco and J. Crew [5].