‘Flood of inquiries' about suing for tariff refunds: trade lawyer

FedEx has sued the US government seeking a full refund of money paid for tariffs, which has now been deeed illegal by the Supreme Court. The shipping giant suit appears to mark the first by a major company since the court's decision. While more than a thousand lawsuits are pending in trade courts seeking refunds from before the ruling.Well, analysis from the Penn Warton budget model commissioned by Reuters has estimated the US government could owe more than 175 billion in refunds in the wake of the ruling, ...