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FedEx joins other U.S. companies, seeks a full refund after Trump tariffs are ruled illegal

FedEx joins other U.S. companies, seeks a full refund after Trump tariffs are ruled illegal

Summary

FedEx is taking legal action against the U.S. government to get back money it spent on tariffs imposed by President Donald Trump. These tariffs were recently declared illegal by the Supreme Court.

Key Facts

  • FedEx is suing the U.S. government for a refund on tariffs it paid.
  • The tariffs were introduced by President Donald Trump last year.
  • The Supreme Court has ruled that these tariffs are illegal.
  • FedEx claims it has suffered financial harm due to the tariffs.
  • The company filed the lawsuit with the U.S. Court of International Trade.
  • FedEx is seeking relief from the court to recover financial losses.

Source Information