Costco sues Trump administration over tariffs
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The company argues the lawsuit is needed in order to secure a full refund if the Supreme Court rules the White House overstepped when imposing tariffs.
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Costco is joining other companies that aren’t waiting to see whether the Supreme Court strikes down President Donald Trump’s most sweeping import taxes. They’re already going to court to demand refunds on the tariffs they’ve paid. The Court of Trade and the U.S. Court of Appeals for the Federal Circuit in Washington ruled earlier this year that Trump’s biggest and boldest import taxes are illegal. The case is now before the Supreme Court. In a Nov. 5 hearing, several of the high court’s justices expressed doubts that the president had sweeping power to declare national emergencies to impose tariffs on goods from almost every country on earth. The government might be forced to pay back the money it's collected.
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