FedEx sues Trump administration for tariff refunds after Supreme Court ruling

FedEx sued the Trump administration Monday, seeking a “full refund” of all tariffs it paid the government under the overturned International Emergency Economic Powers Act. The Supreme Court ruled Friday that President Donald Trump exceeded his presidential authority when he deployed the act to impose sweeping tariffs on almost all U.S. trading partners. “Accordingly … … Read more

Ruling against Trump’s tariffs creates new uncertainty in US trade relations with China

WASHINGTON — The Supreme Court decision striking down President Donald Trump’s sweeping tariffs has added a wrinkle to already complicated U.S.-China relations, with both countries navigating shifting ground to avoid an all-out trade war that would disrupt the global economy while still jostling for a position of strength in negotiations. Friday’s court ruling would seem … Read more