Costco challenges Trump-era tariffs in landmark lawsuit against U.S. government

Costco has initiated a significant lawsuit against the U.S. government, seeking a refund for tariffs imposed on imported goods. The company argues that these tariffs, enacted under President Trump's administration, were collected unlawfully.

Joining Costco in this legal battle are various small and medium-sized enterprises, amplifying the call for justice against the perceived misuse of power. Central to the case is the International Emergency Economic Powers Act (IEEPA), which Costco claims does not grant the president the authority to impose tariffs.

This lawsuit comes ahead of a crucial Supreme Court decision that could determine the legality of these tariffs. If the court rules in favor of Costco and the other plaintiffs, it may pave the way for substantial refunds to affected companies.

The outcome of this case could set a precedent regarding the limits of executive power in economic policy.