Tariff Hikes Slam FedEx—Stock Slides on Profit Warning"

FedEx Stock Drops: Tariffs Cited as Major Hurdle in Latest Profit Forecast

FedEx has seen a sharp decline in its stock price after issuing a weaker-than-expected profit forecast. The company is blaming renewed US-China trade tensions and rising tariffs as key reasons behind the dip, signalling potential trouble ahead for the logistics sector and the broader stock market.

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