“Sued For $175 Billion” - FedEx & Others Sue Trump’s Tariff After Supreme Court Blow
Valuetainment
Valuetainment Episodes
4.8 • 1.7K Ratings
🗓️ 27 February 2026
⏱️ 33 minutes
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Summary
FedEx is suing the U.S. government for a full refund after the Supreme Court ruled the president lacked authority to impose certain tariffs, and the panel breaks down the $175 billion in refund claims from companies like L’Oréal, Dyson, Prada, and Costco, debating whether the ruling was about process, not legality, and what it means for negotiation leverage, small businesses, and America’s ability to compete with China on national security priorities like semiconductors and rare earths.
Transcript
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| 0:00.0 | The world moves fast. Your workday? Even faster. Pitching products, drafting reports, |
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| 0:23.1 | clutter and clear a path to your best work. Learn more at Microsoft.com slash M365 copilot. |
| 0:30.0 | But let's talk about tariffs. Let's talk about tariffs. So FedEx sues the U.S. government seeking |
| 0:35.8 | full refund over Trump's tariffs. |
| 0:38.3 | Rob, if you got that clip, let's start off with that because the first story we heard was, |
| 0:43.4 | you know, FedEx, but it didn't end with FedEx. |
| 0:46.5 | There's many more names that are coming out. |
| 0:48.4 | Go ahead, Rob. |
| 0:49.5 | FedEx is suing the Trump administration just days after the Supreme Court ruled most of his tariffs are illegal. |
| 0:55.6 | The company is asking for a full refund of all the payments made to the government under its tariff policies. |
| 1:01.8 | Let's go live to Market Watch Bureau Chief Rob Schroeder. |
| 1:04.7 | Rob, thank you for your time today. |
| 1:06.5 | So what is the procedure here looking, what is it going to look like for companies who are seeking to get a refund? |
| 1:12.9 | After the Supreme Court's really quite earth-shaking decision last week to deny or to really reject several of President Trump's tariffs that he had used to collect duties. |
| 1:28.3 | So what's happening now in the case of FedEx, for example, |
| 1:32.3 | is they're going to what's called the Court of International Trade |
| 1:35.3 | against the Trump administration, |
| 1:38.3 | in hopes, in desires that they get a refund. |
| 1:42.3 | Now, this promises to be quite a long process, as the president himself suggested, |
| 1:49.3 | taking as many as five years. |
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