Costco is suing the Trump administration in an effort to get a full refund of new tariffs paid by the warehouse retail giant this year and to block those tariffs from continuing to be imposed as a Supreme Court case plays out.
Costco in the suit notes that it risks losing the money already paid to satisfy the tariffs even if the Supreme Court eventually upholds lower court rulings that found the tariffs were illegally imposed by President Donald Trump.
The company noted a looming Dec. 15 deadline that could rule out the tariffs that have already been paid being refunded, despite such a ruling by the Supreme Court.
Costco also asks in the suit that a judge enjoin U.S. Customs and Border Protection from continuing to collect the tariffs while the Supreme Court case is pending.
The suit says CBP denied a request by Costco to extend the deadline for so-called liquidation, which is the final computation of tariffs assessed on imported items.
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