FedEx's Q1 profit report will reveal impact of tariffs on previously exempt parcels

Core Insights - FedEx is expected to report a quarterly profit decline due to President Donald Trump's decision to eliminate tariff-exempt treatment for popular direct-to-consumer shipments [1] Company Impact - The decision by the President will directly affect FedEx's financial results, leading to a profit hit in the upcoming quarterly report [1] Industry Context - The change in tariff treatment reflects broader trade policy shifts that could impact logistics and delivery companies, particularly those involved in e-commerce and direct-to-consumer shipping [1]