FedEx sues U.S. government over 'impossible' task of policing...
The move came after FedEx reignited Chinese ire over its business practices when a package containing a Huawei phone sent to the United States was returned last week to its sender in Britain, in what FedEx said was an “operational error.” Fears that China would blacklist FedEx as a result sent its shares down 2.7 percent on Monday.
FedEx’s suit and delivery error come against a backdrop of increasing tension between the world’s two biggest economies. The United States and China have been engaged in a trade fight for nearly a year on issues such as tariffs, subsidies, technology, regulations and cyber security.
Chinese telecoms company Huawei Technologies Co in May was added to the U.S. “Entity List” of people and companies the government said posed a risk to the United States, essentially barring it from buying U.S. technology upon which it was heavily reliant.