Alibaba Plans Revenue-Sharing Model for Qwen3.8-Max AI Commercial Users 
Delta Flight Makes Emergency Landing in Atlanta After Cockpit Fumes Reported 
Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors 
Mercedes-Benz Stock Offers Deep-Value Potential as Citi Sees Recovery Catalysts 
FCC Moves to Ban Imports of Foreign Military-Grade Drones Over Security Risks 
AMP Shares Surge 13% After Strong Profit and A$150 Million Buyback 
Brazil Supreme Court Tightens Jair Bolsonaro House Arrest Ahead of Election 
Sinopec Boosts Russian ESPO Oil Purchases as Middle East Supply Tightens 
AI Avatar of Jair Bolsonaro Sparks Legal Battle Ahead of Brazil’s 2026 Presidential Election 
Domino’s Weighs Appeal After Australian Court Rules Workers Were Misled on Pay 
Warner Bros. Discovery Shares Rise as Newsom Pushes Settlement in $110 Billion Merger Fight 
Juan Orlando Hernandez Seeks Dismissal of Honduras Charges After Trump Pardon 
ADNOC Gas Targets Up to $4B Profit in 2026 
Capital One Says AML Review Led to Closure of Trump Organization Accounts 
U.S. Unseals Charges Against Five Alleged CJNG Leaders, Raises Reward for New Cartel Chief 
DOJ Rescinds Anti-Weaponization Fund Ahead of Todd Blanche Senate Confirmation Vote 
Eduardo Bolsonaro Granted U.S. Green Card Amid Brazil Legal Battle and Tariff Dispute 
FedEx is facing a proposed class action lawsuit in federal court in Miami after the U.S. Supreme Court ruled that former President Donald Trump unlawfully imposed billions of dollars in emergency tariffs on imported goods. The lawsuit seeks refunds for potentially millions of customers who paid import duties and related brokerage fees that plaintiffs argue should never have been charged.
The legal action follows a February 20 Supreme Court decision in a 6-3 ruling that found Trump exceeded his authority under the International Emergency Economic Powers Act (IEEPA). The Court determined that the emergency powers law did not authorize the sweeping tariffs imposed on a wide range of imported products. As a result, thousands of companies and individual consumers are now pursuing tariff refunds.
The Miami lawsuit was filed on behalf of Matthew Reiser, who claims FedEx charged him $36 in import-related fees for a pair of tennis shoes purchased from a German retailer. According to the complaint, $21 of that amount was attributed to IEEPA duties, while $15 covered brokerage and customs clearance services. The lawsuit argues that the shipment should have entered the United States duty-free.
FedEx stated that if it receives refunds from the federal government for tariffs paid, it will reimburse shippers and consumers who originally covered those charges. However, the complaint contends that FedEx’s commitment is not legally binding and seeks to ensure customers receive compensation.
FedEx is also among more than 2,000 companies pursuing tariff recovery claims in the U.S. Court of International Trade. Major corporations including Hasbro, L’Oreal, Dyson, Bausch + Lomb, Costco, and J. Crew have filed similar lawsuits seeking repayment of tariffs collected under the IEEPA.
As litigation continues, the outcome could significantly impact importers, retailers, and consumers seeking tariff refunds linked to the Supreme Court’s ruling on emergency trade powers.
