Costco sues Trump administration to halt tariffs and secure refunds
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Costco Wholesale Corporation has filed a lawsuit against the Donald Trump Administration to halt tariff collections and recover import duties, arguing that the tariffs imposed under the International Emergency Economic Powers Act (IEEPA) exceed presidential authority. This legal challenge, part of a broader wave from import-heavy retailers, highlights tensions over sweeping tariff policies from 2025 and could lead to billions in refunds if the Supreme Court rules against the administration. The outcome will significantly impact trade compliance and supply-chain strategies for global retailers.
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