Last updated: 2026-02-24 17:20:08 ET
Pulse AI Brief
Updated Feb 24, 2026 4:00 PM ET
FedEx has filed a lawsuit against the U.S. government seeking a full refund of tariffs paid under President Trump's trade policies. The move follows a Supreme Court ruling that overturned certain tariff implementations.
If successful, FedEx could recover significant funds, potentially boosting its financial position and stock (FDX). The case may also set a precedent for other companies seeking similar refunds.
The lawsuit underscores ongoing tensions over trade policy and its impact on corporate America, possibly influencing future U.S. trade negotiations and tariff strategies.
President Trump is reportedly weighing a new batch of levies on six industries after the Supreme Court last week overturned the vast majority of his s...
Tariffs unaffected by President Trump’s Supreme Court loss are adding costs for many U.S. manufacturers that use steel, limiting exports and jeopard...
FedEx on Monday sued the US government for the “full refund” of President Trump’s tariffs after a Supreme Court ruling last week deemed a batch ...
President Trump will likely have to face the Supreme Court justices during his State of the Union address just days after the highest court ruled agai...
The change surprised executives and foreign leaders, who had been expecting the 15 percent rate the president announced on Saturday.
Thousands of companies are expected to follow FedEx’ in suing the government to recoup levy payments, after the Supreme Court overturned the tariffs...
Tariff shocks led to a capital rotation from crypto into precious metals and tokenized commodities, as analysts warn that the thin crypto market liqui...
Tariff costs are becoming unsustainable for automakers, and they are going to have to raise prices or cut features, said the president of Sonic Automo...
President Donald Trump’s new tariffs may face a legal challenge under Section 122 of the Trade Act of 1974.
Some House Republicans have rebuked Mr. Trump on tariffs, war powers and the Epstein files, and defections could grow as the midterms approach.
