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WIBC 9AM-Noon Podcast

FedEx sues Trump administration for tariff refunds after Supreme Court ruling

WIBC 9AM-Noon Podcast

WIBC

News

4.61.2K Ratings

🗓️ 26 February 2026

⏱️ 6 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

If you thought you missed the big sale at Sullivan's, good news. You didn't. We're holding over the 20% savings on premium patio furniture for just one more weekend. It's the best price of the year. Sullivan Hardware & Garden.

0:15.1

They're not being clear, though, how I'm going to get my money back. Here's the thing. If FedEx or any other big company wants a massive tariff refund, they need to be clear about

0:25.1

how everyday Americans who largely paid for the costs are actually going to see the money

0:29.9

that's returned.

0:31.2

FedEx filed a lawsuit after the Supreme Court ruled that the Trump tariffs were illegal,

0:36.8

and now they're asking a federal

0:39.3

trade court to refund tariffs that were paid back to them. Could mean hundreds of billions

0:45.8

of dollars. But where's my money? Yeah, let's walk through this from the beginning here. So

0:50.5

Trump raises tariffs. And everybody says, well, you know, the American people are just

0:56.0

going to pay that because the tariffs are technically paid by the importing company. So when

1:01.0

a company imports something from overseas, Trump puts a tariff on it. The importing company

1:05.0

here in the United States has to pay that tariff. And then we were told, of course, that the

1:09.4

company is just going to pass those costs on

1:13.2

by raising prices on the products and services they sell. So ultimately, higher prices for us,

1:18.1

the American consumer, because of this tariff. Now, FedEx is going to the federal government

1:23.1

saying, hey, we want all our money back that we paid in those tariffs.

1:30.8

And as a consumer, I'm like, hey, FedEx.

1:31.5

We paid.

1:34.2

Who could I sue to get my money back?

1:38.3

Because you told me that you were just going to pass those costs along to me for higher prices,

1:39.6

what you charge me.

1:42.0

But now where am I going to get my money back? So this is potentially FedEx and other companies that are fighting to get the tariff money back double-dipping on us.

...

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