US logistics giant FedEx has filed a lawsuit against the Trump administration seeking reimbursement for tariffs previously paid, following a Supreme Court ruling that declared these tariffs unlawful. The lawsuit, lodged with the Court of International Trade in New York, targets the Customs and Border Protection (CBP) and demands the "full repayment" of all duties imposed under the International Emergency Economic Powers Act (IEEPA). President Trump had enacted these tariffs without congressional approval, citing the 1977 emergency law. While the Supreme Court deemed the tariffs illegal, it did not rule on whether the government must refund collected duties, leaving this to lower courts. This marks the first major corporate legal challenge after the ruling, with an estimated $175 billion potentially at stake for the US budget.