Fred Smith, founder of FedEx, has lambasted the US government’s position on trade, and has filed a lawsuit accusing it of placing “an unreasonable burden” on the carrier.
In an earnings call last night, Mr Smith decried the US protectionist strategy.
“Now we have a huge dispute where the United States has basically become protectionist – defined as ‘I will make everything I need in my own borders. I don’t need to import things, and quite frankly don’t particularly need to …
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Source: The Loadstar