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FedEx sues US government for tariff refunds

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The lawsuit appears to be the first from a major company since the Supreme Court’s tariff ruling, which did not address how refunds would be handled.

WASHINGTON: US delivery and freight giant FedEx sued the Trump administration Monday seeking to reclaim money it paid for tariffs that have now been ruled illegal.

The Supreme Court struck down president Donald Trump’s signature global tariffs last week, ruling that he had exceeded his authority in tapping emergency economic powers to impose them.

It was a major political setback for Trump, striking down a cornerstone of his economic agenda, and has also opened up the government to legal action.

Tags:Donald TrumpfedexlawsuitrefundsSupreme CourtUS tariffs


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