U.S. Companies File Lawsuits Over Trump's Global Tariffs

Over 100 companies have initiated new lawsuits following the U.S. Supreme Court's ruling that deemed most of U.S. President Donald Trump's global tariffs illegal. According to Jin10, FedEx filed a lawsuit on Monday, with other companies quickly following suit. Subsidiaries of cosmetics giant L'Oréal, as well as footwear companies On Holding and Skechers USA, are seeking to recover the import tariffs they have paid. Bloomberg News analysis indicates that the latest cases have pushed the total number of tariff-related lawsuits to over 2,000. This presents a significant burden for trade courts, yet represents only a fraction of the hundreds of thousands of importers affected by the overturned tariffs.