It is time now for money power politics. While the world waits to see if the Supreme Court strikes down the president's tariffs, Costco is not taking any chances. The very popular wholesaler is suing the Trump administration to get a full refund of new tariffs it paid so far this year.It is also looking to block any more import duties from being collected until a final decision is made by the nation's highest court. And dozens of other companies, but much smaller ones, have filed similar suits. Costco is th ...

Tonight, another showdown between Costco and President Trump. This time, not over politics, but over money. The retail giant suing the Trump administration for a full refund of the tariffs they've paid on imported goods under Trump's tariff plan.>> My fellow Americans, this is Liberation Day. >> The administration used the International Emergency Economic Powers Act, AIPA for short, to put the tariffs in place. But now, the Supreme Court will decide whether the use of this nearly 50year-old law was unlawful ...

Explore how two leading consumer staples ETFs differ in sector reach, portfolio makeup, and what that means for diversified exposure.The State Street Consumer Staples Select Sector SPDR ETF (XLP) and iShares US Consumer Staples ETF (IYK) both target U.S. consumer staples, but XLP is a lower-cost and more concentrated fund, while IYK is broader and includes a small healthcare tilt.Both funds are designed for investors seeking exposure to the consumer staples sector, but IYK (IYK 1.35%) introduces modest heal ...

Warehouse retail giant Costco Wholesale has sued the Trump administration as it seeks a refund for the tariffs it has paid as the Supreme Court considers whether they were enacted illegally. https://t.co/oTRtO0xmkt ...

Two consumer staples ETFs with very different approaches. Here's how to decide which one might suit your portfolio. The State Street Consumer Staples Select Sector SPDR ETF (XLP 0.59%) stands out for its rock-bottom expense ratio and deep liquidity, while the Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS 0.56%) offers a different weighting method for sector exposure.Both XLP and RSPS focus on U.S. consumer staples stocks, but XLP tracks the largest companies by market cap, while RSPS gives each ho ...

Costco has sued the U.S. government to ensure it will receive refunds if the Supreme Court rejects President Donald Trump's bid for sweeping authority to impose tariffs. ...

Costco is taking the Trump administration to court. The wholesaler is suing to ensure it gets a full refund of the tariffs it paid if the Supreme Court finds the administration's tariffs are unlawful. Costco joins a growing list of major companies who have filed lawsuits regarding the administration's tariffs, including Revlon, Kawasaki, and Bumblebee. ...

PLUS. >> WELCOME BACK. A NEW LAWSUIT FROM COSTCO CHALLENGING THE LEGALITY OF THE TRUMP ADMINISTRATION'S TARIFFS.EAMON JAVERS OUTSIDE THE WHITE HOUSE WITH THE STORY. EAMON, THIS ONE IS VERY INTERESTING TO ME. >> YEAH THAT'S RIGHT COURTNEY.IN THE 17 PAGE LAWSUIT THAT WAS FILED FRIDAY AGAINST U.S. CUSTOMS AND BORDER PROTECTION, COSTCO SAID IT HAS TO ACT NOW BECAUSE IT'S FACING THIS DECEMBER 15TH DEADLINE FOR A FINAL TALLY OF ITS TARIFFS THIS YEAR. AND IT SAYS THAT CUSTOMS HAS ALREADY DENIED COSTCO'S REQUEST FO ...

Aiman Jabver's outside the White House with the story. Aean, this one is very interesting to me. >> Yeah, that's right, Courtney.In the 17page lawsuit that was actually filed Friday against US Customs and Border Protection, Costco said it has to act now because it's facing this December 15th deadline for a final tally of its tariffs this year. And it says that Customs has already denied Costco's request for an extension given that the tariffs are being litigated in the Supreme Court. So the company says fir ...

Costco has sued the Trump administration over what it calls the country’s “unlawful” tariffs.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.In a lawsuit filed last week, the warehouse retailer asks the Court of In ...