FedEx sues the US government over the ‘impossible’ task of policing exports to China - CNBC
- FedEx sued the U.S. government, saying it should not be held liable if it inadvertently shipped products that violated a Trump administration ban on exports to some Chinese companies.
- The move came after FedEx reignited Chinese ire over its business practices when a package containing a Huawei phone sent to the U.S. was returned last week to its sender in Britain, in what FedEx said was an “operational error.”
- FedEx’s suit and delivery error come against a backdrop of increasing tension between the world’s two biggest economies.
- The U.S. and China have been engaged in a trade fight for nearly a year on issues such as tariffs, subsidies, technology, regulations, and cybersecurity.