What's Happening
FedEx has announced plans to refund customers for tariffs deemed 'illegal' if the company can recover funds from the Trump administration. This move comes amid ongoing disputes over tariff implementations during the previous U.S. administration.
Market Impact
This decision could improve FedEx's customer relations and potentially impact its financials if the refunds are substantial and not recouped.
Broader Implications
The situation highlights ongoing trade policy uncertainties and their effects on corporate operations and international commerce.