Background colour

PREVIEW

ID: 55502219 Video

Headline: UNCAPTIONED: FedEx Sues U.S. Government Over Tariff Refunds

Caption:

FedEx Sues U.S. Government Over Tariff Refunds. FedEx sued the Trump administration to seek a full refund for tariffs it paid that were later overturned by the U.S. Supreme Court. FedEx’s complaint, filed in New York, sought reimbursement for duties paid under the IEEPA, ruled unlawful by the Supreme Court. The lawsuit did not specify the amount FedEx sought to be refunded, but it named U.S. Customs and Border Protection and its commissioner as defendants. The lawsuit was among the first since the Supreme Court ruled that most of Trump’s tariffs were illegal, striking down his administration’s global tariffs. FedEx stressed its commitment to supporting customers and explained that the company had taken steps to protect its rights as an importer of record. President Trump criticized the Supreme Court’s decision, declaring his "lack of respect" for the ruling and calling it "ridiculous" and “dumb." Hundreds of companies had sued the government seeking refunds for tariffs paid during the legal battle over Trump's trade policies. Trump announced a new 15% global tariff using different legal authority, though it would only last 150 days without Congressional approval.
Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT

Keywords: Current Affairs & Politics,FedEx,Trump administration,lawsuit,tariffs,Supreme Court,IEEPA,Customs and Border Protection,refund,legal case,trade policy,U.S. government,Donald Trump

PersonInImage: