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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCostco Joins Companies Suing for Refunds If Trump's Tariffs Fall
Bloomberg (Archive)Costco Wholesale Corp. joined a fast-growing list of businesses suing the Trump administration to ensure eligibility for refunds if the US Supreme Court strikes down the presidents signature global tariffs policy.
The nations biggest warehouse club chain is among dozens of companies to file lawsuits in a US trade court since late October challenging President Donald Trumps use of an economic emergency powers law to impose the levies, according to court records. Its one of the biggest corporate players to jump into a fight largely driven this year by small businesses and Democratic state officials.
The Supreme Court heard arguments on Trumps tariffs on Nov. 5. The justices put the fight on a fast-tracked schedule but didnt say when they intend to rule. In the meantime, businesses of all sizes have brought cases pressing similar legal claims with the goal of avoiding uncertainty about their eligibility for refunds if the court rules against Trump.
Costcos lawyers wrote that the complaint, filed on Nov. 28 in the US Court of International Trade, was prompted due to the uncertainly that refunds will be guaranteed for all businesses that have been paying duties if the Supreme Court declares the tariffs unlawful.
The nations biggest warehouse club chain is among dozens of companies to file lawsuits in a US trade court since late October challenging President Donald Trumps use of an economic emergency powers law to impose the levies, according to court records. Its one of the biggest corporate players to jump into a fight largely driven this year by small businesses and Democratic state officials.
The Supreme Court heard arguments on Trumps tariffs on Nov. 5. The justices put the fight on a fast-tracked schedule but didnt say when they intend to rule. In the meantime, businesses of all sizes have brought cases pressing similar legal claims with the goal of avoiding uncertainty about their eligibility for refunds if the court rules against Trump.
Costcos lawyers wrote that the complaint, filed on Nov. 28 in the US Court of International Trade, was prompted due to the uncertainly that refunds will be guaranteed for all businesses that have been paying duties if the Supreme Court declares the tariffs unlawful.
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Costco Joins Companies Suing for Refunds If Trump's Tariffs Fall (Original Post)
In It to Win It
9 hrs ago
OP
sop
(17,061 posts)1. Many of these businesses passed on the Trump tariff costs to their customers through higher prices.
How do American consumers get their refunds?
newdeal2
(4,566 posts)3. I'm sure they'll be handing out refund coupons - call them Trump bucks
Worth as much as a Trump IOU.