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|    Message 119,136 of 120,746    |
|    Ubiquitous to All    |
|    Costco sues over Trump's tariffs in a bi    |
|    14 Dec 25 03:58:10    |
      XPost: comp.os.linux.advocacy, alt.fan.rush-limbaugh, alt.politics       XPost: alt.atheism       From: webermark@polaris.net              Costco sues over Trump's tariffs in a bid to secure a refund       By Katherine Li       New Follow authors and never miss a story!       Katherine Li, West Coast breaking news reporter at the Business Insider.       Follow Katherine Li              Every time Katherine publishes a story, you'll get an alert straight to       your inbox!              Enter your email              By clicking "Sign up", you agree to receive emails from Business Insider.       In addition, you accept Insider's Terms of Service and Privacy Policy.       Shopping carts are seen at the Costco store ahead of Black Friday in       Arlington       Benoit Tessier/REUTERS       Dec 1, 2025, 7:47 PM ET       Save Saved       Add us on              Costco filed a lawsuit to recover tariff payments imposed by the Trump       administration.       The retailer challenged tariffs enacted under the International Emergency       Economic Powers Act.       Costco is seeking a full refund of duties paid.              Costco is suing the government to recover tariff money.              The wholesale retailer has filed a lawsuit against the United States, the       US Customs and Border Protection agency, and Rodney S. Scott, the       Commissioner of US Customs and Border Protection.              The suit asks the US Court of International Trade to strike down tariffs       imposed by President Donald Trump by executive order under the       International Emergency Economic Powers Act, and to ensure tariff refunds       for businesses that paid import duties.              In a complaint submitted Friday, November 28, the retailer said it is       seeking a "full refund" of duties it paid after Trump used the emergency-       powers law to levy what he described as "reciprocal" tariffs.              The complaint cited a previous lawsuit, VOS Selections, Inc. vs. Trump,       filed against the Trump administration, for which the US Supreme Court       heard arguments in early November.       Tech Memo              Where Big Tech secrets go public — unfiltered in your inbox weekly.              "This separate action is necessary, however, because even if the IEEPA       duties and underlying executive orders are held unlawful by the Supreme       Court, importers that have paid IEEPA duties, including Plaintiff, are not       guaranteed a refund for those unlawfully collected tariffs in the absence       of their own judgment and judicial relief, " the complaint reads.              The complaint highlights a process called liquidation, which is when       customs completes its final review and determines the official amount of       duty for a particular shipment. Liquidation typically provides Customs and       Border Protection with the opportunity to either refund the importer or       demand additional duties to be paid. This process must be completed within       one year of a shipment's entry unless it is extended at the discretion of       the CBP. It is unknown if a refund could happen once liquidation is over.              According to the complaint, tariffs on Costco's imports will begin to be       liquidated as early as December 15, and the CBP has already declined the       company's request to extend the liquidation.              "Plaintiff seeks relief from the impending liquidations to ensure that its       right to a complete refund is not jeopardized, " the complaint reads.              The Court of International Trade and the District Court for the District of       Columbia have both ruled the IEEPA tariffs illegal on separate occasions.       Their rulings are mostly based on the Constitution, which says that       Congress has the exclusive power to levy taxes and collect duties. The       Court of Appeals for the Federal Circuit reaffirmed the CTI's decision in       August.              The use of the IEEPA for tariffs eventually made its way to the Supreme       Court, and the court is currently deliberating.              Costco did not specify the amount of duties it has paid in the complaint.       Treasury Secretary Scott Bessent said in a filing submitted to SCOTUS in       September that the government could end up owing $1 trillion in tariffs       should the court rule against the Trump administration.              Earlier this year, Costco's CEO, Ron Vachris, said during a Q2 earnings       call, "About a third of our sales in the US are imported from other       countries, and less than half of those are items coming from China, Mexico,       and Canada. " This was before Trump's April 2 "Liberation Day" tariffs.              Costco, the White House, and the US Customs and Border Protection agency       did not immediately respond to requests for comment.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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