U.S. delivery and freight giant FedEx sued the Trump administration on Monday (February 23, 2026), seeking to reclaim money it paid for tariffs that have now been ruled illegal. The Supreme Court struck down President Donald Trump’s signature global tariffs last week, ruling that he had exceeded his authority in tapping emergency economic powers to impose them. FedEx is seeking a “full refund” of the duties it paid on imported goods in its suit against Customs and Border Protection, filed at the U.S. Court of International Trade. After the Supreme Court ruled against Mr. Trump’s country-specific tariffs last week, the President turned to a separate law to sign an order for broad 10% duties on imports, taking effect on Tuesday (February 24). He later vowed to hike the new tariffs to 15%.

Source: The Hindu February 24, 2026 04:28 UTC