FedEx vows to pass any tariff refunds it gets from U.S. on to customers
FedEx said it will reimburse customers if the Trump administration provides refunds following a Supreme Court ruling that struck down emergency tariffs.
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FedEx said it will reimburse customers if the Trump administration provides refunds following a Supreme Court ruling that struck down emergency tariffs.
FedEx sued the Trump administration over its tariffs on Monday, asking for a "full refund" of all payments it made to the government under a set of tariff policies that were ruled illegal by the Supreme Court.
Businesses could be owed nearly $150 billion in refunds after the Supreme Court struck down tariffs imposed under the International Emergency Economic Powers Act.
While the Supreme Court struck down the Trump administration's emergency tariffs, experts said it could take years for businesses to get refunds.
The Supreme Court on Friday ruled President Trump does not have the authority to unilaterally impose sweeping tariffs under a federal emergency powers law.
Large U.S. retailers say the Trump administration tariffs are forcing them to hike customer prices to offset higher costs.
White House advisor Kevin Hassett slammed the New York Fed report, which found that Americans, not foreign exporters, bear most tariff costs.
Troubled by tariffs, some Sacramento Valley farmers and ranchers say their profits are plummeting due to new federal trade policies.
President Trump is hiking tariffs on imports from South Korea, saying its government has reneged on an agreement to approve a bilateral trade deal.
Steep U.S. import duties targeting 13 Italian pasta makers will be sharply reduced, Italy's foreign ministry said on Jan. 1.
The main distillery will be closed for site enhancements, the company said. The pause comes after whiskey production has dropped amid a challenging year.
President Trump announced a $12 billion package to help farmers caught in the middle of the tariff trade wars.
The price of imported plastic Christmas trees is up, the majority of which are made in Asia and subject to tariffs introduced by President Trump earlier this year.
How much more should you expect to pay if you're giving the gift of games this holiday season?
President Trump floated the idea of tapping his administration's tariff revenue to send checks to most Americans.
President Trump exempted foods like beef and bananas from his sweeping country-by-country tariffs on Friday.
The Trump administration is considering a new import duty on 13 of Italy's largest pasta exporters, including Barilla and La Molisana.
The Supreme Court heard arguments Wednesday over whether a federal emergency powers law authorizes President Trump's most sweeping tariffs.
Prime Minister Mark Carney also told Ontario's Premier Doug Ford not to run the ad.
The move comes even though Ontario's leader said the anti-tariff ad would be halted beginning Monday.
President Trump said he's ending trade talks with Canada over an anti-tariff ad campaign by the province of Ontario that uses Ronald Reagan's voice — leading Ontario to pull the ads after this weekend.
President Trump said Friday he will impose an additional 100% tariff on imports from China starting next month — marking a significant escalation in the U.S.-China trade war.
Uncertainty over U.S. tariffs and other Trump administration economic policies are deterring manufacturers from hiring, according to the Center for American Progress.
While the tariffs will impact everyone to some degree, experts say more of the pain will be felt by lower-income consumers.
President Trump announced a 100% tariff on pharmaceutical drugs, a 50% tariff on kitchen cabinets and bathroom vanities, a 30% tariff on upholstered furniture and a 25% tariff on heavy trucks.
An effort is underway to ensure people aren't being rubbed the wrong way in the Northern California city of Citrus Heights.
The Israel Defense Ministry said in a statement that it launched the strike because it was expecting "a missile and drone attack" from Iran "in the immediate future."
Hours before Anthropic CEO Dario Amodei's interview, Defense Secretary Pete Hegseth deemed the AI company a "supply chain risk to national security," which restricts military contractors from doing business with Anthropic.
Seven suspects have been charged in connection with an assault near San Francisco's Pier 39 last week, prosecutors said on Friday.
Downed trees and feet of snow made access to certain areas nearly impossible. Many who have lived here for decades say this was the worst storm they've ever experienced.
"Today's sentence brings a measure of justice to something that can never be made right," Adrienne Spohr, a daughter of the couple, told members of the press following the hearing.
The Israel Defense Ministry said in a statement that it launched the strike because it was expecting "a missile and drone attack" from Iran "in the immediate future."
Another rate hike for parking meters across Sacramento is being considered to help balance the city's $66 million budget deficit.
An effort is underway to ensure people aren't being rubbed the wrong way in the Northern California city of Citrus Heights.
Hours before Anthropic CEO Dario Amodei's interview, Defense Secretary Pete Hegseth deemed the AI company a "supply chain risk to national security," which restricts military contractors from doing business with Anthropic.
Another rate hike for parking meters across Sacramento is being considered to help balance the city's $66 million budget deficit. Here are the changes that could be coming to parking spaces across the city.
Adding to the Sacramento skyline is a $300 million project to replace one of the city's most prominent landmarks: the I Street bridge.
If you drive into Sacramento, chances are you're being caught on camera.
Improving access to food and lifting a community — that's been the mission of Universoul Cafe, a Black-owned Sacramento food recovery organization since 2019.
Mayor Kevin McCarty announced a popular midtown business is expanding to fill the old riverfront Rio City Cafe site, which suddenly closed in 2024 in a dispute with the city.
A California judge has tentatively stopped the state from canceling commercial licenses for more than 20,000 immigrant truck drivers.
There's a push at the California State Capitol to allow community colleges to offer bachelor's degree programs.
This week's avalanche north of California's Lake Tahoe has become the deadliest in the state's recorded history. Here are the warning signs experts say you should recognize to avoid avalanche danger.
The California Highway Patrol said the three men were fixing a tire chain on the side of Highway 50 when they were struck by a driver who had lost control of his vehicle. All three suffered major injuries and were taken to the hospital.
The CEO of the California High-Speed Rail Authority was arrested earlier this month in Folsom on suspicion of domestic battery, officials said Monday.
Precious Achiuwa had a career-high 29 points and added 12 rebounds, Maxime Raynaud scored 22 points and the Sacramento Kings beat the Dallas Mavericks 130-121 on Thursday night.
Reed Sheppard made a career-high seven 3-pointers and scored 28 points, Alperen Sengun had 26 points, 13 rebounds and 11 assists, and the Houston Rockets beat the Sacramento Kings 128-97 on Wednesday night.
Russell Westbrook scored 25 points, and Precious Achiuwa had 22 points and 12 rebounds as the Sacramento Kings snapped a 16-game losing streak — the longest in franchise history — with a 123-114 victory over the Memphis Grizzlies.
Through a sudden death overtime goal, the U.S. men's hockey team is golden over Canada.
Victor Wembanyama had 28 points and 15 rebounds, and the San Antonio Spurs beat the Sacramento Kings 139-122 for their eighth straight win and a sweep of their two games in Austin.
Hours before Anthropic CEO Dario Amodei's interview, Defense Secretary Pete Hegseth deemed the AI company a "supply chain risk to national security," which restricts military contractors from doing business with Anthropic.
Defense Secretary Pete Hegseth deemed artificial intelligence firm Anthropic a supply chain risk on Friday, following days of increasingly heated public conflict with the AI company.
President Trump said he will give federal agencies six months to phase out their use of Anthropic's AI products.
Some of the changes mirror Scouting America's suggestions to the Department of Justice, including discontinuing its Citizenship in Society merit badge.
Former President Bill Clinton denied any knowledge of Jeffrey Epstein's crimes in an opening statement before the House Oversight Committee in New York.
Multiple elephant seal pups along the Northern California coast have tested positive for the deadly avian influenza, or bird flu, according to new research from the University of California.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
Health officials in the East Bay said a man has died from consuming toxic wild mushrooms, amid an ongoing spike in mushroom-related poisonings throughout California.
Health officials in Napa County confirmed Wednesday that a child has been diagnosed with measles in the county's first case in nearly 15 years.
The Harmony Health Street Medicine team spends their days visiting encampments and connecting with vulnerable people, meeting them where they are and offering care outside of a clinic and without barriers.
Finding the perfect dress isn't easy, but now, selling them could become a lot more challenging.
This weekend, Placer County is hosting its annual Sip Into Spring event, offering free or discounted tastings at more than 20 wineries along what's known as the Placer Wine Trail.
From fruits and veggies to car parts, economists project that businesses will pass along the cost of the tariffs to customers.
An economic blackout was underway Friday as activists nationwide encouraged people not to spend their money at large corporations, retailers and fast-food chains for 24 hours.
San Joaquin County's retail theft reporting app has only been around for six months and is already bringing a sense of calmness to local business owners.
President Trump and Gov. Gavin Newsom have made several different claims about California gas prices. Here's what we found.
This year-long investigation provides an unprecedented look at California's one-party supermajority legislature through the eyes of grieving parents who discover how California lawmakers kill popular bills by not voting.
This year-long investigation by CBS News California investigative correspondent Julie Watts examines the many components of California's new tougher-on-crime law.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
The California Highway Patrol captain accused of workers' compensation fraud was the commander in charge of the fatal Mahaney Park shootout in Roseville, three officers who worked under him at the time of the shootout said.
CBS13 and the Call Kurtis consumer investigative team devised an idea on how to lower what consumers owe on their credit cards -- and it begins with a simple phone call.
No one wants to think about death. However, it's important to plan on what happens to your digital assets after you die.
After spending $18,000 on waterproof laminate floors, a Natomas couple spotted damage after the first cleaning.
More than a year after Hai Pham canceled the trial membership, he kept getting charged every month for it.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
A man has been arrested and charged in connection with the Tiger Fire that burned 118 acres in California's Amador County last summer and forced evacuations near Pioneer.
A major home developer is rethinking how communities are built in wildfire-prone areas and the future is taking shape in El Dorado County.
San Joaquin County secured a grant aimed at helping to build a wildfire protection plan for the entire county.
More than two dozen structures were destroyed in a wildfire in the eastern Sierra Nevada mountains on Wednesday afternoon, officials said.
Clean-up has started in Chinese Camp after the TCU September Lightning Complex Fire ripped through the Gold Rush town earlier this month.
A Sacramento County dog picked up thousands of miles from home after he went missing five years ago was reunited with his family on Wednesday.
What started as a suspicious circumstances call for Rancho Cordova police ended with a newborn surprise.
A once-empty lot behind Church of the Cross in north Modesto now hosts a thriving community garden with more than 140 plots and growers from across the globe.
A Sacramento-area middle school history and English teacher is in the running to win big as America's Favorite Teacher, a title her students think she is more than worthy of being awarded.
Junior Romello Bruhn of Woodland Christian High School is closer than ever to scoring 3,000 career points, something only 13 high school athletes have accomplished in California state history.
An effort is underway to ensure people aren't being rubbed the wrong way in the Northern California city of Citrus Heights.
Christian Brothers defeats Antelope 69-61.
Conor McGill reports.
Forest Lake Christian wins 51-41 over Sacramento Adventist.
West Campus wins 47-38 over Central Catholic.