KEY POINTS
Federal Express sued the U.S. government, seeking a “full refund” of the money the shipping giant paid for tariffs unilaterally imposed by Donald Trump, which the Supreme Court last week ruled were illegal.
FedEx’s suit appears to be the first one filed by a major U.S. company after the Supreme Court decision seeking a refund of the tariffs it has paid.
Other companies filed lawsuits seeking refunds before the high court ruled that the tariffs Trump imposed under the International Emergency Economic Powers Act are illegal.
Corpos passed the cost of those tariffs on to consumers in the form of higher prices. They already GOT paid. But why screw consumers once when you can do it twice?
Oh no… It’s not just once… They passed the rate of the tarrifs on to us, now they’ll recoup the cost that WE paid, AND they’ll continue to charge us at those increased rates even if the tarrifs are lifted.