The wholesaler is the latest company to file a lawsuit against a federal agency over the president’s signature economic policy.
Costco Wholesale has filed a lawsuit against the Trump administration, asking the Court of International Trade to consider all tariffs collected under the International Emergency Economic Powers Act unlawful.
The company said in a Nov. 28 filing that it is seeking a “full refund” of all IEEPA duties paid as a result of Donald Trump’s executive order which imposed what he called “reciprocal” tariffs.
“Because IEEPA does not clearly authorize the President to set tariffs…the Challenged Tariff Orders cannot stand and the defendants are not authorized to implement and collect them,” Costco’s lawyer writes in the lawsuit.
Global cosmetics giant Revlon, eyeglass maker EssilorLuxottica, motorcycle manufacturer Kawasaki, canned foods seller Bumble Bee, Japanese auto supplier Yokohama Tire and many smaller firms have also filed similar suits
If you look at Costco’s actions in the past they have been pretty fair for their customers. Costco is actually in a very good position where they know exactly who bought what and Costco can issue refunds to their customers based on that data. Even if they just do it as ‘store credit’ it would still be very welcome to most of their customers and that would help to offset Costco’s administrative costs of determining the refund amounts for everyone.
I like Costco as much as the next person but they will absolutely not be refunding us based on what we purchased lol
I’ll happily eat these words but im fairly certain I won’t have to
The article states that on a bunch of items they’ve just been eating the cost so they’ve been paying the tariffs instead of passing them on. For those cases, there is nothing to refund to the consumers.
Yeah but it doesn’t state they’ve eaten the tariffs on everything just certain staple items
And I would wager those items they’ve eaten the cost on, is what they’re seeking compensation on.
Nah as it stands, costco is a bro.
Used to be then they became one of the worst customer service sites to visit. I hate Walmart and Sam’s club with a passion, but damn if their denial of my kids to run inside and go to the bathroom while I got gas pissed me off to no end.
This is what I hate about these places. You need your membership card to check out. All the items are too big to fit under your coat which thwarts shoplifting to some degree.
Why the hell do you need to see my card at the door? Just put a scanner with turnstiles at the front of shop if it’s that big of an issue.
Probably not, but they did state last year that the extra money they made from the gas station (they kept it competitive with other places) was used to keep the yearly “admission” price the same.
I’ve also heard that costco doesn’t suck to work for as far as retail goes and many will actually work most of their career there.
I can speak from experience when I say this, Costco is great to the warehouse workers, they treat IT like shit.
My stepson works for Costco. They are a fantastic employer compared to other retailers. They also do legitimately promote from within, including for business office professional positions.
Fwiw the people seem cheerful enough. At least not dead inside like Wal mart or any other big chain.