Costco Is Suing the Trump Administration Over Tariffs
Briefly

Costco Is Suing the Trump Administration Over Tariffs
"Costco Wholesale has filed suit against the Trump administration before the Court of International Trade, asking it to rule that all tariffs collected under the International Emergency Economic Powers Act (IEEPA) are unlawful. The company is seeking a "full refund" of all duties under the act paid as a result of President Donald Trump's executive order that imposed what he called "reciprocal" tariffs."
"With Friday's lawsuit, Costco becomes the latest major company to seek tariff refunds through the courts. Trump's tariffs are already being reviewed by the Supreme Court in Learning Resources, Inc. v. Trump and Trump v. V.O.S. Selections, Inc, consolidated cases argued before The Court in November. These consolidated cases also challenge the Trump Administration's authority to unilaterally issue the "Liberation Day" tariffs, arguing that the Administration has no authority to issue across-the-board worldwide tariffs without congressional approval."
Costco filed a suit at the Court of International Trade asking for a ruling that tariffs collected under the International Emergency Economic Powers Act (IEEPA) are unlawful and seeking a full refund of duties paid under President Donald Trump's executive order imposing "reciprocal" tariffs. Importers have paid nearly $90 billion under IEEPA through late September, per U.S. Customs and Border Protection data. The lawsuit joins other corporate challenges and consolidated Supreme Court cases arguing the administration lacks authority to impose across-the-board worldwide tariffs without congressional approval. A three-judge panel previously struck down sweeping global tariffs in May.
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