COSTCO SUES THE U.S. GOVERNMENT – The warehouse retail store took the move to address tariffs
Costco has sued the U.S. government to ensure it will receive refunds if the Supreme Court rejects President Donald Trump’s bid for sweeping authority to impose tariffs.
In a complaint filed in the U.S. Court of International Trade in Manhattan, Costco said Trump’s use of the International Emergency Economic Powers Act to impose tariffs left it uncertain whether businesses can recoup sums they should not have paid.
The nation’s largest warehouse club operator said U.S. Customs and Border Protection denied its request for more time to make final calculations of tariffs owed, threatening its right to complete refunds even if the Supreme Court rules against Trump.
Based in Issaquah, Washington, Costco joined dozens of companies suing to safeguard potential refunds. It is also among the largest, with $275.2 billion of revenue in its fiscal year ending August 31.
Other companies that have sued to preserve refunds include Bumble Bee Foods, Ray-Ban eyeglass maker EssilorLuxottica, Kawasaki Motors,, Revlon and Yokohama Tire, court records show.
