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Economy News

The Economic Times

Economy / The Economic Times

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FedEx sues US for refund on Trump's emergency tariffs

Global firm FedEx has sued for a refund of tariffs imposed by former President Donald Trump. The U.S. Supreme Court recently declared these tariffs illegal. This move is expected to trigger many lawsuits seeking billions in refunds. Trade attorneys anticipate a wave of claims following the court's decision. The process for recovering these funds is still being determined.

24 Feb 2026 6:46 am