The U.S. Court of International Trade ruled that several companies, including Abercrombie, are entitled to refunds for tariffs imposed under the previous administration's 'Liberation Day' policy, significantly boosting the retailer's earnings and stock price.

FedEx Seeks Tariff Refund With Lawsuit Against US Authored by Jill McLaughlin via The Epoch Times, FedEx is suing the United States Feb. 23, seeking a full refund on President Donald Trump’s emergency tariffs after the U.S. Supreme Court ruled his use of the International Emergency Economic Powers Act (IEEPA) lacked authorization. The lawsuit, filed in the U.S. Court of International Trade, seeks to recoup all duties paid by FedEx as a result of IEEPA orders and any interest ...