FedEx sues US government, seeking ‘full refund’ over Trump tariffs
Strong Bearish
-100.0
Firm does not specify amount but seeks reimbursement after supreme court ruled against president last weekFedEx sued the US government on Monday, seeking a refund for the tariffs imposed by Donald Trump that were deemed illegal by the US supreme court last week.The lawsuit marks the first attempt by a major company to receive reimbursement of their share of an estimated $175bn in levies after the highest court found Trump had overstepped his authority in issuing the tariffs. Other companies are expected to follow. Continue reading...
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