Summary

FedEx filed a lawsuit seeking a refund for tariffs imposed by President Trump, which the Supreme Court deemed illegal. The company, along with other importers, distributors, and suppliers, is expected to seek refunds for the tariffs, totaling over $175 billion. While businesses may have a stronger case for refunds due to documentation, consumers are unlikely to receive refunds as they lack the necessary proof.

https://www.straitstimes.com/world/united-states/fedex-sues-us-for-refund-on-trumps-emergency-tariffs?ref=top-stories