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Costco sues the Trump administration, seeking a refund of tariffs

Costco Wholesale has filed a lawsuit against the Trump administration, challenging the legality of tariffs imposed under the International Emergency Economic Powers Act (IEEPA). The company seeks a full refund of duties collected as a result of these tariffs, arguing that the President lacks clear authority to impose them.

Costco sues the Trump administration, seeking a refund of tariffs

Credit: Nbcnews

Key Highlights

  • Costco is suing the Trump administration in the Court of International Trade.
  • The lawsuit claims tariffs collected under IEEPA are unlawful.
  • Costco is seeking a full refund of all duties paid due to these tariffs.
  • The case argues that the President does not have clear authority to set tariffs.
  • The Supreme Court is currently reviewing the legality of the tariffs.
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Sources

  1. Costco sues the Trump administration, seeking a refund of tariffs

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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