FedEx to Return Illegal Tariff Refunds to Customers
FedEx announces it will refund any money recovered from illegal Trump-era tariffs to shippers and consumers, following a Supreme Court ruling and ongoing legal efforts.
Category : Trade
Uruguay, Argentina First to Ratify EU-Mercosur Trade Deal
Uruguay and Argentina have become the first Mercosur members to ratify a landmark EU trade agreement, paving the way for one of the world's largest free trade zones after 25 years of negotiations.
Trump Tariffs Hit Families and Small Businesses Hardest
Analysis reveals that Trump's tariff policies disproportionately burden families and small businesses, raising costs and threatening economic stability for vulnerable sectors.
Brit Fined £20,000 for Undeclared Aston Martin in Germany
A 56-year-old British businessman faces criminal proceedings after German customs seized his Aston Martin V8 Vantage for unpaid import duties and VAT totalling nearly £20,000.
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UK Airport Food Ban: Minister Issues Statement on Fines
A government minister has updated on the UK's travel food ban, confirming travellers face confiscation and £5,000 fines for bringing prohibited items like meat and dairy from Europe.
Trump Trade Rep Admits Tariffs Are Temporary, Contradicting President
U.S. Trade Representative Jameson Greer revealed Trump's new tariffs can only last 150 days without Congress, directly contradicting the president's State of the Union assertion that legislative action wasn't needed.
US Tariffs Could Hit 15% After Supreme Court Setback
US trade representative Jamieson Greer indicates tariffs may rise from 10% to 15% or more for some nations following a Supreme Court defeat for Trump's policies.
Grandparents Cancel UK Trip Over New £589 Passport Rules
British dual citizens abroad face paying £589 for certificates or renewing UK passports under new ETA rules, forcing many to cancel family visits.
Russian Firms Use UK Islands for $8bn Trade Post-Invasion
Transparency International reveals Russian companies routed $8bn through British overseas territories, including luxury yachts and oil equipment, raising sanctions concerns.
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Supreme Court Strikes Down Trump's Tariff Powers, Global Impact
The US Supreme Court ruled Donald Trump unlawfully imposed global tariffs, dealing a blow to his economic agenda. Experts analyze the constitutional implications and worldwide trade repercussions.
Trump Vows to Continue Tariffs Despite Supreme Court Ruling
President Donald Trump used his State of the Union address to defend his tariff policy, claiming countries are 'happy' with the deals. He also announced a 'war on fraud' and addressed Iran.
Trump Weighs Order for Bank Citizenship Verification
President Trump's administration is reportedly mulling an executive order requiring banks to verify customers' US citizenship to open or maintain accounts, sparking concerns in the banking sector.
Trump's Tariffs: Nostalgia Misreads a Changed World
Donald Trump's proposed tariffs reflect a nostalgic view of global trade, but they fail to account for today's interconnected economy and could harm US interests.
Canada Approves Gulfstream Jets Amid Trump Tariff Threats
Canadian regulators have approved Gulfstream G700 and G800 business jets, following tariff threats from former US President Donald Trump over the planes' certification status in Canada.
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UK Warned to Prepare for Trump's Unpredictable Tariff Hikes
The British Chambers of Commerce warns the UK government to prepare for potential US tariff increases, despite a new 10% rate, citing unpredictability that could cost businesses billions.
FedEx Sues US for Tariff Refund After Court Ruling
FedEx is seeking a full refund of tariffs paid under Trump's administration after the Supreme Court declared them illegal, joining other corporations in legal action.
Trump's 10% Global Tariff Takes Effect, More Weapons in Reserve
Donald Trump's new 10% global tariff is now in effect, but the US president has threatened to deploy even more aggressive trade tools, including potential 15% levies and other economic 'bazookas'.
UK Must 'Prepare for Worst' After Trump Tariff Change, BCC Warns
The British Chambers of Commerce warns the government to protect firms from US tariff uncertainty, with a six-point plan to mitigate economic risks.
Starmer Relieved as Trump's Tariff Hits 10% Not 15%
Keir Starmer breathes a sigh of relief after Donald Trump's new global tariff takes effect at 10% instead of the threatened 15%. Businesses remain wary of potential escalation.
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Royal Mail Warns 44 UK Postcodes of Mail Delays
Royal Mail has issued a service alert for 44 UK postcodes experiencing mail delivery delays due to local office issues and road network disruptions.
Oil Prices Hit Seven-Month Highs as US-Iran Tensions Rise
Oil prices have soared to seven-month highs as traders react to escalating tensions between the US and Iran ahead of nuclear talks, with analysts citing risk hedging and military posturing.
Trump's Tariffs Enacted at 10%, Below Feared 15% Level
US President Donald Trump's new global trade tariffs have taken effect at a 10% rate, offering temporary relief to UK businesses but creating fresh uncertainty as the higher threatened rate looms.
German Chancellor's China Visit: Trade, Ukraine, Global Order
German Chancellor Friedrich Merz visits China amid concerns over trade deficits, Ukraine war stance, and shifting global power dynamics as competition intensifies.
Trump's 10% Global Tariff Takes Effect, UK Firms Get Relief
Donald Trump's new 10% global tariff has been implemented, providing temporary relief for British businesses despite earlier threats of a 15% rate. The move follows a Supreme Court ruling against previous tariffs, creating uncertainty for international tr
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Trump's 10% Tariffs Take Effect, Threatening Global Trade
President Donald Trump's new 10% tariffs have officially begun, creating uncertainty with US trading partners like the UK and EU, with potential increases to 15% looming.
FedEx Sues for Full Refund of Trump Tariffs After Court Ruling
FedEx has filed a federal lawsuit seeking a complete refund of tariffs paid under Trump's emergency measures, following the Supreme Court's decision to strike down the levies. This case could trigger a wave of similar legal actions.
China Targets Japanese Companies with Export Restrictions
China has placed 20 Japanese companies on an export control list and 20 more on a watchlist, citing concerns over Japan's military ambitions and tensions regarding Taiwan. The move follows controversial comments by Japan's Prime Minister.
Trump's 15% Tariff Sparks Global Chaos After Court Ruling
Donald Trump imposes a 15% tariff after the US Supreme Court ruled his previous levies illegal, causing global confusion and disrupting trade deals with the UK, EU, and Japan.
FedEx Sues US for Refund Over Illegal Trump Tariffs
FedEx has filed a lawsuit against the US government, seeking a full refund for tariffs imposed by Donald Trump that were ruled illegal by the Supreme Court last week.
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FedEx Demands Refund After Trump Tariffs Ruled Illegal
Global shipping giant FedEx has filed a lawsuit seeking a full refund of duties paid under President Trump's emergency tariffs, which the Supreme Court recently declared unlawful.
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