# Will FedEx receive a tariff refund from its IEEPA lawsuit by 2028?

**URL:** https://www.rigload.com/markets/fedex-tariff-refund-ieepa-lawsuit-2028  
**Type:** Binary (Yes/No)  
**Status:** active  
**Deadline:** 2027-12-31  
**Category:** events  
**Current consensus:** 89%  
**Forecasts:** 9

## Description

FedEx filed a lawsuit on Feb. 23, 2026, in the U.S. Court of International Trade seeking a full refund of tariffs paid under President Donald Trump's IEEPA authority, days after the Supreme Court ruled 6-3 that IEEPA does not authorize tariffs. FedEx has estimated roughly $1 billion in tariff-related earnings impact for its fiscal year. The suit names U.S. Customs and Border Protection, CBP Commissioner Rodney Scott and the U.S. government as defendants. Other major companies — including Costco, Revlon and Bumble Bee Foods — have filed similar suits, and Senate Democrats have introduced a bill requiring CBP to issue refunds within 180 days. Trump told reporters the matter would have to "get litigated for the next two years."

## Resolution criteria

Resolves YES if FedEx receives any refund of IEEPA-related tariff duties — whether through court judgment, government-initiated refund program or legislative action — as confirmed by court filings, SEC disclosures or official FedEx statements by Dec. 31, 2027. Resolves NO if FedEx has not received any refund by that date.

## Related analysis

- [FedEx wants its tariff money back. Will it actually get it?](https://www.rigload.com/blog/will-fedex-get-tariff-refund.md)

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_Rig Load — freight market forecasting. Crowd consensus is public; sign in to submit a forecast. Source: https://www.rigload.com/markets/fedex-tariff-refund-ieepa-lawsuit-2028_