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FedEx (FDX) Seeks Tariff Refund Following Supreme Court Ruling
FedEx (FDX) is taking legal action to reclaim funds from “illegal” emergency tariffs imposed during the Trump administration, following a U.S. Supreme Court decision. Despite being a dominant player in the transportation industry with strong financial health, valuation metrics suggest the stock may be overvalued. The company’s ongoing legal actions and strategic initiatives are expected to impact its future financial landscape.