Trump Administration Initiates $166 Billion Tariff Refunds Following Supreme Court Ruling
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 20 2026
0mins
Should l Buy FDX?
Source: stocktwits
- Tariff Refund Initiation: The Trump administration is set to initiate $166 billion in tariff refunds following a Supreme Court ruling, impacting over 53 million shipments and potentially alleviating financial pressure on importers.
- Lawsuit Surge: Major U.S. importers, including FedEx, Costco, and UPS, are facing lawsuits from consumers seeking compensation for increased costs due to tariffs, which could negatively affect these companies' market performance.
- Market Reaction: Following the acceptance of tariff refund claims, FedEx shares surged to record highs, gaining 35% year-to-date, while Costco shares also rose 17%, indicating a positive market response to the refund news.
- Retailer Strategies: FedEx has committed to returning tariff refunds to customers, while Costco plans to pass on refunds through lower prices and better values, showcasing differing strategies among retailers in response to tariff pressures.
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Analyst Views on FDX
Wall Street analysts forecast FDX stock price to fall
20 Analyst Rating
13 Buy
6 Hold
1 Sell
Moderate Buy
Current: 403.310
Low
210.00
Averages
315.05
High
365.00
Current: 403.310
Low
210.00
Averages
315.05
High
365.00
About FDX
FedEx Corporation provides customers and businesses with a portfolio of transportation, e-commerce, and business services. The Company offers integrated business solutions utilizing its flexible and efficient global network. Its segments include Federal Express, FedEx Freight, and Corporate, other, and eliminations. Federal Express segment includes express transportation, small-package ground delivery, and freight transportation, and it also operates combined sales, marketing, administrative, and information-technology functions in shared service operations for United States customers. FedEx Freight segment includes FedEx Freight (LTL freight transportation) and FedEx Custom Critical (time-critical transportation). Corporate, other, and elimination segments include FedEx Dataworks, Inc. (FedEx Dataworks), FedEx Office and Print Services, Inc. (FedEx Office), and FedEx Logistics, Inc. (FedEx Logistics). FedEx Logistics offers customs brokerage, specialty transportation, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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