Close Menu
  • Home
  • AI
  • Art & Style
  • Economy
  • Entertainment
  • International
  • Market
  • Opinion
  • Politics
  • Sports
  • Trump
  • US
  • World
What's Hot

Amelia: This cute AI-generated schoolgirl is a growing far-right meme

January 31, 2026

American Express takes on Apple for top spot in Berkshire’s portfolio

January 31, 2026

Federal judge rejects Minnesota bid to end ICE operation Metro Surge

January 31, 2026
Facebook X (Twitter) Instagram
WhistleBuzz – Smart News on AI, Business, Politics & Global Trends
Facebook X (Twitter) Instagram
  • Home
  • AI
  • Art & Style
  • Economy
  • Entertainment
  • International
  • Market
  • Opinion
  • Politics
  • Sports
  • Trump
  • US
  • World
WhistleBuzz – Smart News on AI, Business, Politics & Global Trends
Home » Costco sues for refund of President Trump’s tariffs
Politics

Costco sues for refund of President Trump’s tariffs

Editor-In-ChiefBy Editor-In-ChiefDecember 1, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
Follow Us
Google News Flipboard
Share
Facebook Twitter LinkedIn Pinterest Email


Shoppers exit a Costco store on Tuesday, October 21, 2025, in Centerville, Ohio, USA.

Kyle Grillot | Bloomberg | Getty Images

costco is suing the Trump administration to fully refund new tariffs paid by the warehouse retail giant already this year and to prevent those import duties from continuing to be assessed as the Supreme Court moves forward.

In a lawsuit filed Friday, Costco said it risks losing money it has already paid to meet the tariffs even if the Supreme Court ultimately upholds a lower court’s ruling that President Donald Trump lacked the legal authority to impose the tariffs.

The company noted that despite such a ruling by the Supreme Court, a December 15 deadline is approaching that could preclude refunds of fees already paid.

In its lawsuit, Costco also asks a judge to prevent U.S. Customs and Border Protection from continuing to collect tariffs while the Supreme Court case is pending.

According to the complaint, CBP denied Costco’s request for an extension of the so-called clearing deadline, which is the final calculation of duties on imported goods.

The lawsuit was filed in the United States Court of International Trade. Dozens of other companies have filed similar lawsuits to protect their rights to possible refunds if the Supreme Court rules the tariffs are illegal.

Earlier this year, President Trump invoked the International Emergency Economic Powers Act, imposing broad tariffs on imports from numerous countries.

Read more CNBC’s political coverage

“This court and the Federal Circuit have cautioned that importers may lack a legal right to recover duty refunds on liquidated items even if the underlying legality of the tariff is later determined to be illegal,” Costco’s complaint states.

“The economic consequences of not honoring President Trump’s lawful tariffs are significant, and this case highlights that fact,” White House Press Secretary Khush Desai said in a statement about the Costco lawsuit.

“The White House looks forward to the Supreme Court’s prompt and appropriate resolution of this matter,” Desai said.

The Trump administration has warned that it may have to return hundreds of millions of dollars in tariffs already paid if the Supreme Court upholds a lower court’s ruling that Trump did not have the authority to unilaterally impose tariffs under IEEPA.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Editor-In-Chief
  • Website

Related Posts

Federal judge rejects Minnesota bid to end ICE operation Metro Surge

January 31, 2026

Trump, Howard Lutnick, Steve Tisch in latest DOJ release

January 31, 2026

Iranian media reports explosion at Bandar Abbas southern port

January 31, 2026
Add A Comment

Comments are closed.

News

U.S. Special Envoy Witkoff says negotiations between Ukraine and Russia are “productive” | Russia-Ukraine War News

By Editor-In-ChiefJanuary 31, 2026

The meeting took place just a day before the second round of US-mediated talks between…

Bill Gates, Elon Musk, Howard Lutnick face new scrutiny over ties to Epstein | Donald Trump News

January 31, 2026

President Díaz-Canel denounces President Trump’s attempt to ‘suffocate’ Cuba’s economy | Donald Trump News

January 31, 2026
Top Trending

Nvidia CEO pushes back against reports that his company’s $100 billion OpenAI investment is stalling

By Editor-In-ChiefJanuary 31, 2026

Nvidia CEO Jensen Huang said Saturday that recent reports about friction between…

OpenClaw’s AI assistant is now building its own social network

By Editor-In-ChiefJanuary 30, 2026

The viral personal AI assistant previously known as Clawdbot has a new…

Stripe veteran Lachy Groom’s latest bet, Physical Intelligence, is building Silicon Valley’s most active robot brain

By Editor-In-ChiefJanuary 30, 2026

From the street, the only sign I could find that it was…

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Welcome to WhistleBuzz.com (“we,” “our,” or “us”). Your privacy is important to us. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you visit our website https://whistlebuzz.com/ (the “Site”). Please read this policy carefully to understand our views and practices regarding your personal data and how we will treat it.

Facebook X (Twitter) Instagram Pinterest YouTube

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Facebook X (Twitter) Instagram Pinterest
  • Home
  • Advertise With Us
  • Contact US
  • DMCA Policy
  • Privacy Policy
  • Terms & Conditions
  • About US
© 2026 whistlebuzz. Designed by whistlebuzz.

Type above and press Enter to search. Press Esc to cancel.