Close Menu
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Stock jumps on revenue beat, strong guidance

December 2, 2025

Kenya holds forum on 5th volume of “Xi Jinping: The Governance of China”-Xinhua

December 2, 2025

Naqvi vows ‘massive-scale’ action on online misinformation

December 2, 2025
Facebook X (Twitter) Instagram
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us
Facebook X (Twitter) Instagram Pinterest Vimeo
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports
Nabka News
Home » Costco sues for Trump tariff refunds
Political

Costco sues for Trump tariff refunds

i2wtcBy i2wtcDecember 2, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
Follow Us
Google News Flipboard Threads
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


A shopper exits a Costco store in Centerville, Ohio, US, on Tuesday, Oct. 21, 2025.

Kyle Grillot | Bloomberg | Getty Images

Costco is suing the Trump administration to get a full refund of new tariffs already paid by the warehouse retail giant this year, and to block those import duties from continuing to be assessed as a Supreme Court case plays out.

Costco, in the suit filed Friday, noted that it risks losing the money it has already paid to satisfy the tariffs even if the Supreme Court eventually upholds lower court rulings that found President Donald Trump did not have the legal power to impose those duties.

The company noted a looming Dec. 15 deadline that could rule out the tariffs that have already been paid being refunded, despite such a ruling by the Supreme Court.

Costco also asks in the suit that a judge enjoin U.S. Customs and Border Protection from continuing to collect the tariffs while the Supreme Court case is pending.

The suit says CBP denied a request by Costco to extend the deadline for so-called liquidation, which is the final computation of tariffs assessed on imported items.

The suit was filed in the U.S Court of International Trade. Dozens of other companies have filed similar lawsuits to protect their right to potential refunds in the event of the Supreme Court ruling the tariffs are illegal.

Trump earlier this year imposed wide-ranging tariffs on imports from scores of countries by invoking the International Emergency Economic Powers Act.

Read more CNBC politics coverage

“This Court and the Federal Circuit have cautioned that an importer may lack the legal right to recover refunds of duties for entries that have liquidated, even where the underlying legality of a tariff is later found to be unlawful,” Costco’s suit notes.

White House spokesman Kush Desai, in a statement on Costco’s suit, said, “The economic consequences of the failure to uphold President Trump’s lawful tariffs are enormous and this suit highlights that fact.”

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

The Trump administration has warned of the potential fallout of having to refund hundreds of millions of dollars in already paid tariffs if the Supreme Court upholds the lower court rulings that Trump did not have authority under IEEPA to unilaterally impose those duties.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
i2wtc
  • Website

Related Posts

Political

White House releases Trump’s October MRI, results ‘perfectly normal’

December 1, 2025
Political

Trump’s N.J. prosecutor pick Alina Habba disqualified: Appeals court

December 1, 2025
Political

White House blasts news outlets for coverage of ‘illegal orders’ video

November 29, 2025
Political

Trump says National Guard member dies after shooting

November 28, 2025
Political

2 West Virginia National Guard members shot in DC have died: Governor

November 26, 2025
Political

California Democrat governor candidate Eric Swalwell sues FHFA’s Pulte

November 26, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

House Republicans unveil aid bill for Israel, Ukraine ahead of weekend House vote

April 17, 2024

Prime Minister Johnson presses forward with Ukraine aid bill despite pressure from hardliners

April 17, 2024

Justin Verlander makes season debut against Nationals

April 17, 2024

Tesla lays off 285 employees in Buffalo, New York as part of major restructuring

April 17, 2024
Don't Miss

Trump says China’s Xi ‘hard to make a deal with’ amid trade dispute | Donald Trump News

By i2wtcJune 4, 20250

Growing strains in US-China relations over implementation of agreement to roll back tariffs and trade…

Donald Trump’s 50% steel and aluminium tariffs take effect | Business and Economy News

June 4, 2025

The Take: Why is Trump cracking down on Chinese students? | Education News

June 4, 2025

Chinese couple charged with smuggling toxic fungus into US | Science and Technology News

June 4, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to NabkaNews, your go-to source for the latest updates and insights on technology, business, and news from around the world, with a focus on the USA, Pakistan, and India.

At NabkaNews, we understand the importance of staying informed in today’s fast-paced world. Our mission is to provide you with accurate, relevant, and engaging content that keeps you up-to-date with the latest developments in technology, business trends, and news events.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Stock jumps on revenue beat, strong guidance

December 2, 2025

Kenya holds forum on 5th volume of “Xi Jinping: The Governance of China”-Xinhua

December 2, 2025

Naqvi vows ‘massive-scale’ action on online misinformation

December 2, 2025
Most Popular

China declares Fujian aircraft carrier the world’s largest conventionally powered warship

June 23, 2024

China’s premier defends national competitiveness amid trade tensions

June 25, 2024

Chinese scientists use radar to spot ‘spy balloon’ the size of an F-35 stealth fighter

June 26, 2024
© 2025 nabkanews. Designed by nabkanews.
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us

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