FedEx is suing the U.S. government, requesting a full refund on what it paid for tariffs set by President Donald Trump last year after the Supreme Court ruled that the tariffs are illegal.

Tariffs unaffected by President Trump’s Supreme Court loss are adding costs for many U.S. manufacturers that use steel, limiting exports and jeopardizing jobs.

After boasting for months about its preferential trade deal with US President Donald Trump, the UK is at risk of becoming the biggest loser in the aftermath of the Supreme Court’s decision to strike down his global tariffs.

President Trump pushed tariffs enacted since he entered office for a second time during his 2026 State of the Union address as beneficial for the American people.

Tariff costs are becoming unsustainable for automakers, and they are going to have to raise prices or cut features, said the president of Sonic Automotive.

Trade investigations targeting forced labor and excess capacity could lead to higher tariffs, with EU and other partners seeking clarity on strategy.

Feb 25 (Reuters) - British luxury car maker Aston Martin will cut its workforce by up to 20%, it said on Wednesday, as it strives to recover from the impact of U.S. import tariffs and weak demand in China.

Trump would need Congress to fully replace his previous tariffs, but he could still legally impose different tariffs under other laws.