US EditionCostco sues Trump administration seeking tariff refunds amid Supreme Court review
Costco seeks to block tariff liquidation to protect refund rights on duties paid under Trump’s emergency tariffs, amid ongoing Supreme Court review of tariff legality.
- Costco Wholesale Corp. filed a complaint in the U.S. Court of International Trade seeking to declare IEEPA-based tariffs unlawful and to block Customs and Border Protection from applying them while ordering refunds of duties already paid.
- CBP's refusal to extend liquidation deadlines prompted Costco to sue, fearing the Dec. 15 cutoff could bar refund claims amid lower federal courts questioning IEEPA's tariff authority.
- Costco Wholesale Corp.'s scale and revenue figures show it reported $275.2 billion in the fiscal year ended Aug. 31, with nearly $90 billion paid under IEEPA and about 8% of U.S. sales from China imports.
- White House spokesman Kush Desai said `The White House looks forward to the Supreme Court's speedy and proper resolution of this matter`, as Costco joins other firms seeking tariff refunds, increasing legal pressure.
- The Supreme Court of the United States will decide whether importers can recover duties and if Trump had authority under IEEPA after Nov. 5, as justices showed skepticism during oral arguments.
289 Articles
289 Articles
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Costco Goes to Court to Demand Immediate Tariff Refund from Trump Administration
Costco is joining other companies that aren’t waiting to see whether the Supreme Court strikes down President Donald Trump’s most sweeping import taxes. They’re going to court to demand refunds […] The post Costco Goes to Court to Demand Immediate Tariff Refund from Trump Administration appeared first on The Western Journal.
Costco joins other companies in legal fight to demand refund of Trump tariffs
Costco has added its voice and heft to a lawsuit against the U.S. government seeking to ensure they will be reimbursed for tariffs they've been forced to pay if the U.S. Supreme Court rejects Donald Trump's assertion that he has sweeping authority to impose tariffs.
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