Customs and Border Protection

organization

Last mentioned: Mar 21, 2026

Timeline

  1. Class Action Potential

    Legal experts expect a surge of similar filings from retailers like Costco and Revlon.

  2. Anticipated CBP Update

    Expected deadline for CBP to adjust automated liquidation systems to comply with the court order.

  3. Week 4: Systemic Impact

    Security lines reach record lengths; retail supply chains report significant cross-border bottlenecks.

  4. Current Status

    Congress remains stalled as the shutdown nears the one-month milestone with no compromise in sight.

  5. Week 3: Operational Strain

    TSA 'sick-outs' begin to rise as employees miss their first full paychecks.

  6. Industry Reaction

    Supply chain and retail sectors acknowledge the ruling as a first step toward broader tariff refunds.

  7. CIT Ruling Issued

    The Court of International Trade directs CBP to stop applying defunct tariffs to open entries.

  8. Three-Week Mark

    Administrative law backlogs reach critical levels; E-Verify support is officially suspended.

  9. Week 2: Initial Friction

    First reports of increased TSA wait times and minor cargo processing delays.

  10. Two-Week Mark

    Federal agencies begin implementing secondary contingency plans; contractor payments are delayed.

  11. FedEx Files Suit

    FedEx becomes the first major company to sue for a full refund in the Court of International Trade.

  12. FedEx Files Suit

    FedEx files a formal complaint in the U.S. Court of International Trade seeking a full refund of duties.

  13. FedEx Files Suit

    FedEx becomes the first major company to sue for a full refund of duties paid.

  14. Shutdown Begins

    DHS funding expires following a budget stalemate in Congress.

  15. SCOTUS Ruling

    The Supreme Court rules that the unilateral imposition of IEEPA tariffs was illegal.

  16. SCOTUS Ruling

    The Supreme Court rules that the use of IEEPA for sweeping tariffs was an unlawful exercise of executive power.

  17. SCOTUS Ruling

    Supreme Court declares the IEEPA-based tariffs unlawful and an overreach of executive power.

  18. Shutdown Commences

    Funding for DHS and other agencies expires after Congress fails to pass a budget.

  19. FedEx Earnings Warning

    FedEx executives project a $1 billion profit hit due to tariff costs.

  20. Profit Warning

    FedEx warns investors of a $1 billion hit to 2025 profits due to new tariff policies.

Stories mentioning Customs and Border Protection 7

regulation Bearish

DHS Funding Deadlock Pushes Government Shutdown Toward One-Month Milestone

A protracted legislative impasse over Department of Homeland Security (DHS) funding has left the U.S. government partially shuttered for nearly 30 days. The stalemate carries profound implications for regulatory enforcement, cybersecurity infrastructure, and the legal processing of immigration and border-related cases.

2 sources
regulation Neutral

CIT Orders CBP to Halt Defunct Tariff Collection on Open Entries

The U.S. Court of International Trade has issued a directive requiring Customs and Border Protection to exclude defunct tariffs from non-liquidated entries. This procedural milestone marks a critical first step in securing refunds for importers impacted by long-standing trade disputes.

2 sources
regulation Bearish

FedEx Sues for Full Tariff Refund Following Supreme Court Ruling

FedEx has filed a landmark lawsuit against the Trump administration seeking a total refund of duties paid under the International Emergency Economic Powers Act (IEEPA). The move follows a Supreme Court decision declaring the administration's unilateral global tariffs unlawful, potentially opening the door for billions in corporate reimbursements.

3 sources
logistics Bearish

FedEx Files Landmark Lawsuit Seeking Billions in Tariff Refunds

FedEx has initiated a high-stakes legal battle against the Trump administration, seeking a full refund of tariff payments following a Supreme Court ruling that deemed the use of the International Emergency Economic Powers Act (IEEPA) unlawful. This lawsuit marks the first major corporate challenge in what is expected to be a massive wave of litigation from importers seeking to recover billions in duties.

3 sources
regulation Bearish

FedEx Challenges Treasury for Billions in Post-SCOTUS Tariff Refund Suit

FedEx has filed a landmark lawsuit against the Trump administration seeking a full refund of tariffs paid under the International Emergency Economic Powers Act (IEEPA). The move follows a Supreme Court ruling that the unilateral imposition of these duties was an overreach of executive authority, potentially triggering a massive wave of corporate litigation.

3 sources