Core Viewpoint - Costco has joined a growing number of companies suing the Trump administration over tariffs imposed under the International Emergency Economic Powers Act (IEEPA), with expectations that the government is likely to lose the case [1][3]. Group 1: Legal Context - The IEEPA allows the President to impose trade restrictions during a national emergency, which the Trump administration has used to implement tariffs on various imports [3]. - The legality of these tariffs has been challenged in court, with previous rulings indicating that the IEEPA does not authorize such tariffs [4][9]. Group 2: Lawsuit Details - Costco filed its lawsuit on November 28, seeking a declaration that the tariffs are illegal, an injunction against further tariffs, and a full refund of all tariffs paid [4]. - The lawsuit reflects concerns that even if the Supreme Court rules against the Trump administration, companies may not automatically receive refunds for tariffs already paid [4][8]. Group 3: Broader Implications - Other notable companies, including Revlon and Kawasaki, have also filed similar lawsuits, indicating a trend among both large and small businesses to seek refunds for tariffs [6]. - The potential financial implications for the U.S. government could involve repaying a significant portion of the $195 billion in tariffs collected as of September 30 [8]. Group 4: Legal Strategy - The lawsuits are positioned as class actions to ensure that all affected parties can seek relief, given the uncertainty surrounding individual claims for refunds [7][9]. - Legal experts suggest that the outcome of these cases could set a precedent for how tariffs are handled in the future, particularly regarding the scope of judicial remedies available [9].

It's having a rare off year; is this a buying opportunity?Costco Wholesale (COST 0.18%) is having a rare off year. It's a stock that almost always beats the market, and as you go back in time, the outperformance keeps getting wider. However, Costco stock is roughly flat this year, even as the S&P 500 index has soared 17%. Is this a great time to buy? Or a signal to stay away? Costco, the company, is unstoppableCostco continues to enjoy robust growth, and its membership model provides reliable recurring reve ...

Multinational retailer Costco has taken the unusual step of suing the US government to ensure it can recover import duties should the Supreme Court ultimately rule that former President Donald Trump l... ...

11 月 5 日，美国最高法院就特朗普关税政策举行了听证会。大法官们将此案纳入快速审理程序，但未 透露计划何时作出裁决。在此期间，各类规模的企业纷纷提起诉讼，提出相似的法律主张 —— 核心目 标是避免一种不确定性：若法院作出不利于特朗普的裁决，企业能否获得退款将无法保障。 好市多的律师表示，11 月 28 日向美国国际贸易法院提起的这项诉讼，源于一种不确定性：若最高法院 判定关税非法，所有已缴纳关税的企业能否获得退款，目前并无保障。 该诉讼未具体说明，截至目前特朗普的关税政策已给好市多造成多少成本损失。 好市多主张，法院需立即介入干预，原因是美国海关与边境保护局（Customs and Border Protection）拒 绝了该公司的一项请求。该请求希望延长 "关税裁定最终确定期限"，而这一期限是依据特朗普所动用 的《国际紧急经济权力法》设定的。好市多称，这一拒绝可能会损害其未来寻求全额退款的能力。 好市多未立即回应置评请求。 白宫发言人库什・德赛在一份声明中表示："若未能维护特朗普总统合法的关税政策，其经济后果将极 为严重，此次诉讼恰恰凸显了这一事实。白宫期待最高法院对此事作出迅速且恰当的裁决。" 好市 ...

Market Volatility and Tariffs - The introduction of new tariffs by President Trump in April 2025 led to significant declines in global stock markets, with the S&P 500 dropping below 5,000 points and European indices like Germany's DAX and France's CAC 40 falling by 10% and 6.6% respectively in a single session [2][3] - The International Monetary Fund (IMF) estimated that a 20% tariff rate could reduce global growth by more than 1% through 2026 and contribute between 0.6 to 1 percentage point to core inflation [3] Company-Specific Developments - Costco is suing the Trump administration for a refund on tariffs, with analysts suggesting it could be a "tariff winner" despite a 2% drop in its stock after mixed Q2 earnings [4] - Costco's stock has fallen less than 1% in 2025, outperforming the S&P 500, which has seen a 15% decline year-to-date [4] UK Pharma Deal - The US and UK reached a deal on December 1, 2025, to establish zero tariffs on British pharmaceutical products, but Britain will pay 25% more for new U.S. medicines [5] - Market reactions to this deal were muted, with shares of UK drugmakers GSK and AstraZeneca showing little change [5] Spain's Defense Spending - Spain faces potential tariffs due to its reluctance to meet a 5% of GDP defense spending target set by President Trump, highlighting the use of trade penalties as leverage for military budgets [7] Federal Reserve Leadership Speculation - Speculation surrounding the next Federal Reserve Chair has introduced volatility into various markets, with expectations of faster rate cuts under a new, potentially more dovish chair [9] Trump Media & Technology Group - Trump Media & Technology Group (DJT) has seen its stock decline significantly, trading near $11 as of November 2025, with forecasts for December ranging widely from $15 to $67.83 [10] Overall Market Trends - On December 1, 2025, U.S. stocks experienced declines, with the Dow Jones down 0.9% and the S&P 500 down 0.5%, attributed to rising Treasury yields and expectations regarding the Federal Reserve [11] - The market remains characterized by volatility driven by political developments and tariff threats, indicating a challenging environment for investors [12]

新华社纽约12月1日电（记者施春）美国大型连锁超市开市客近日对特朗普政府提起诉讼，要求法院裁 定其所有依据美国《国际紧急经济权力法》征收的所谓"对等关税"均属非法，并寻求将税款"全额退 款"，成为最新一家通过法律途径寻求关税退款的大型企业。 ...

Costco sues Trump administration for 'full refund' of tariffs https://t.co/TmyElafAJR ...

Core Point - The retailer is among the largest companies seeking a refund if the Supreme Court overturns emergency tariffs [1] Group 1 - The retailer is one of the biggest companies affected by the potential Supreme Court decision regarding emergency tariffs [1]

Core Viewpoint - Costco is suing the US government to recover tariff payments made under tariffs imposed by President Trump, claiming these tariffs were unlawfully collected [1][2][3] Group 1: Lawsuit Details - The lawsuit targets the United States, the US Customs and Border Protection agency, and its Commissioner, Rodney S. Scott [1] - Costco is seeking a "full refund" of duties paid after tariffs were levied under the International Emergency Economic Powers Act [2] - The complaint references a previous case, VOS Selections, Inc. vs. Trump, which was heard by the US Supreme Court [2] Group 2: Legal Justification - The complaint argues that even if the Supreme Court rules the IEEPA duties unlawful, importers like Costco may not automatically receive refunds without their own legal action [3] - The necessity of this separate action is emphasized to ensure judicial relief for unlawfully collected tariffs [3] Group 3: Current Status - The situation is ongoing, with updates expected as the case develops [4]

Costco Wholesale Corporation is suing the federal government to block President Donald Trump’s emergency tariffs and recover the funds the retailer says it was improperly required to pay on imported goods. The case, filed in the Court of International Trade, argues that Trump used an emergency-powers law to impose tariffs on goods from China, Mexico, Canada and dozens of other countries, even though the statute does not allow the president to create or raise tariffs.Costco says it has paid these duties thro ...