June 15, 2018 / 6:49 PM / a month ago

FedEx calls U.S. tariffs on Chinese goods 'counterproductive'

(Reuters) - Global delivery company FedEx Corp (FDX.N) said on Friday that U.S. tariffs on Chinese goods will raise prices for American businesses and consumers and are “counterproductive to U.S. economic interests.”

A package of the FedEx courier delivery services company is pictured in this June 8, 2017 illustration photo. REUTERS/Carlos Jasso/Illustration

“FedEx supports lowering trade barriers for our customers,” the company said in a statement.

Reporting by Eric M. Johnson in Seattle; Editing by Leslie Adler

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