The Supreme Court’s ruling against President Trump’s tariffs is having steep ramifications. Today, FedEx filed a lawsuit against the U.S. government for a “full refund” of all the money they have paid out so far for the tariffs that SCOTUS just deemed illegal. Here are the details: BREAKING: FedEx just SUED the United States to TAKE BILLIONS in taxpayer money as a “refund” after the Supreme Court overturned President Trump’s IEEPA tariffs Justices Amy Coney Barrett and Neil Gorsuch did this by joining the Left. NO REFUNDS, PERIOD! FedEx can screw off.… pic.twitter.com/9F6gTSmH7a — Eric Daugherty (@EricLDaugh) February 23, 2026 BREAKING: FedEx just SUED the United States to TAKE BILLIONS in taxpayer money as a “refund” after the Supreme Court overturned President Trump’s IEEPA tariffs Justices Amy Coney Barrett and Neil Gorsuch did this by joining the Left. NO REFUNDS, PERIOD! FedEx can screw off. Huge props to Alito, Thomas and Kavanaugh for holding the line! The Supreme Court really messed up here — big time. In their ruling last week, the justices ruled that all tariffs enacted under IEEPA are invalid. But, they did not address if or how the government should handle “refunds” on tariffs. Because of this, it’s predicted that the FedEx lawsuit is just the first of many to come. CBS News reported: The complaint, filed in the U.S. Court of International Trade, is the first major lawsuit seeking tariff reimbursements since the high court ruled last week that President Trump had exceeded his authority when he used the International Economic Emergency Powers Act to unilaterally impose sweeping tariffs on most of the world. The Supreme Court did not indicate whether businesses that paid tariffs under IEEPA are entitled to refunds. The issue is expected to draw a flood of lawsuits that will be litigated in the lower courts over the billions of dollars in tariff payments that have been made over the last year, and trade experts have predicted years of legal wrangling. FedEx sought an order from the trade court that would force Customs and Border Protection to refund all duties paid last year under the federal emergency powers law. “This Court has jurisdiction and authority to order remedial relief and refunds of IEEPA duties paid by importers,” FedEx wrote in its complaint, adding, “Plaintiffs have paid IEEPA duties to the United States and thus have suffered injury caused by those orders.” “Supporting our customers as they navigate regulatory changes remains our priority,” a FedEx spokesperson said in a statement. “FedEx has taken necessary action to protect the company’s rights as an importer of record to seek duty refunds from U.S. Customs and Border Protection following the U.S. Supreme Court’s ruling that the tariffs issued under the International Emergency Economic Powers Act (IEEPA) are unlawful.” What a mess. While the lawsuit did not name a specific amount of money that FedEx is seeking from the government, it’s likely to be in the billions, based on previous company estimates. That’s billions of dollars in taxpayer money that FedEx believes they are entitled to. Per CNBC: The suit does not say how much FedEx has paid in IEEPA tariffs since Trump imposed them on most U.S. trading partners last year. But in September, FedEx had said that it expected it would take a $1 billion hit to its earnings for the fiscal year because of U.S. trade policies, not all of which involved IEEPA duties. That dollar amount represents 16% of total earnings for the prior fiscal year. In a note on its website, FedEx said, “While the Supreme Court did not address the issue of refunds, FedEx has taken necessary action to protect the company’s rights as an importer of record to seek duty refunds from U.S. Customs and Border Protection.” “At this time, however, no refund process has been established by regulators or the courts,” the company said. “We will communicate any relevant information and updates in a timely manner, and we appreciate your patience as we wait for additional guidance and clarity from the U.S. government and the courts.” This is absolutely insane and disgraceful. Some folks are calling for a boycott against FedEx: Sell the stock if you own any. Make it go viral. #boycottfedex — Don Foster (@donny3452) February 23, 2026 Boycott @FedEx The American taxpayers owe them nothing! — Tina G #MAGA#DOGE (@TinaG94237238) February 23, 2026 This is a very good question, too: Did FedEx raise prices to compensate for the tariffs? If they get reimbursed, will they pass it back to their customers? — America First Conservative (@ETX_Conservatve) February 23, 2026 Your thoughts?