FedEx is suing the U.S. seeking a full refund on Trump’s emergency tariffs after the U.S. Supreme Court ruled his use of the IEEPA lacked authorization.
Trump raised tariffs on all countries to 15% one day after the Supreme Court ruled against the global tariffs his admin imposed last year under the IEEPA.
Trump signed an order to impose a 10% global tariff in response to the Supreme Court striking down sweeping levies issued under an emergency powers law.