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Stock impact report

Scott Bessent Sidesteps $134 Billion Tariff Refund Question, Calls Corporate Lawsuits 'Ultimate Corporate Welfare' [Yahoo! Finance]

FedEx Corporation (FDX) 
Last fedex corporation earnings: 3/17 04:03 pm Check Earnings Report
US:NYSE Investor Relations: fedex.com/us/investorrelations
Company Research Source: Yahoo! Finance
during a post-State of the Union interview, instead framing corporate demands for repayment as a form of government handout. The Refund Standoff Following President Donald Trump 's 2026 State of the Union address , Bessent addressed the growing legal and financial fallout from a recent Supreme Court ruling that restricted the administration's tariff authorities. When pressed by NBC News' Kristen Welker on whether the government would return an estimated $134 billion in revenue to impacted companies, Bessent sidestepped the tariff refund question, noting that the matter had been remanded to lower courts. Don't Miss: Fast Company Calls It a ‘Groundbreaking Step for the Creator Economy' — Investors Can Still Get In at $0.85/Share This Energy Storage Company Already Has $185M in Contracts—Shares Are Still Available “We will follow the ruling of the lower court,” Bessent stated, emphasizing a 42-day waiting period before further action. However, he quickly pivoted to a populi Show less Read more
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