FedEx promises to refund customers for ‘illegal’ tariffs

FedEx has announced its intention to refund customers affected by certain tariffs deemed 'illegal' by the Supreme Court. The company stated that it will reimburse shippers and consumers if it receives refunds from the government following its lawsuit seeking a full refund of tariff payments. Although no formal refund process has been established by the courts yet, FedEx is prepared to act on behalf of its customers once the situation is resolved. The delivery service typically covers the costs of duties and tariffs for packages arriving in the U.S. before billing customers for those amounts.

• FedEx will refund customers affected by illegal tariffs.
• The Supreme Court ruled some tariffs imposed by Trump are illegal.
• FedEx seeks a full refund of tariff payments from the government.
• No formal refund process has been established yet.
• The company typically covers duties before billing customers.