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Benzinga
Benzinga
Business
Henry Khederian

FedEx Stock Is Falling Monday: What's Going On?

Los,Angeles,-,February,28,,2024:,Fedex,Delivery,Truck,In

Shares of global logistics giant FedEx Corp (NYSE:FDX) are trading lower Monday afternoon amid escalating uncertainty in international trade. Here’s what investors need to know.

What To Know: Monday’s downturn follows the recent decision by the Trump administration to end the “de minimis” exemption, a rule that previously allowed goods valued at under $800 to be imported into the United States without incurring duties or taxes.

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