FedEx sues US government, seeking ‘full refund’ over Trump tariffs

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…