Trade Policies

FedEx initiates lawsuit for refund on Trump tariffs

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A FedEx delivery truck is parked outside a federal courthouse as the company files a lawsuit seeking a refund for tariffs imposed during the Trump administration.

The tariffs, which were part of a broader trade strategy aimed at countering China’s economic practices, were imposed in 2018 and have remained a contentious issue. FedEx claims that these tariffs have not only increased operational costs but have also hindered its competitiveness in the global market. By pursuing this legal action, FedEx aims to … Read more

Trump’s Trade Policies Sort Manufacturers Into Winners and Losers

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Workers at a steel manufacturing plant celebrate a recent surge in profits attributed to protective tariffs on steel and aluminum.

In recent months, companies like U.S. Steel and Nucor have reported significant profits, attributing their success to the protective tariffs that have shielded them from foreign competition. Conversely, industries reliant on imported materials, such as automotive and construction, have faced rising costs, leading to higher prices for consumers and potential job losses. The ongoing trade … Read more