business / news / / Chicago Sun-Times
Costco is one of thousands of companies that started filing claims this month.
Costco faces a class action lawsuit alleging it should refund members tariff-related price increases.
KEY POINTS
- The U.S. Supreme Court ruled Trump's IEEPA tariffs unconstitutional, entitling importers to refunds.
- Costco and thousands of companies began filing refund claims via a new Customs online portal on April 20.
- Federal law does not require companies to return refunded tariff payments to their customers.
- The lawsuit seeks to include Costco customers from ten specific states who paid IEEPA-inflated prices.
COMPANIES
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