The post Costco, Revlon And More Suing Trump Administration For Tariff Refunds appeared on BitcoinEthereumNews.com. Topline Major companies including Costco, Revlon and Kawasaki Motors are increasingly going to court over President Donald Trump’s sweeping “Liberation Day” tariffs as the Supreme Court weighs overturning them, filing lawsuits against the Trump administration to secure refunds of their tariffs after previously staying quiet. Costco is the latest major company to file lawsuits over Trump’s tariffs. Getty Images Key Facts The Supreme Court is deliberating on whether Trump’s tariffs were lawfully imposed under the International Emergency Economic Powers Act (IEEPA), as the president claims, or if they should be overturned. Justices signaled they were wary of the tariffs, and if the policy gets overturned, companies that already paid tariffs could get refunds for the fees they’ve already paid. Costco became the latest major company to file a lawsuit Friday, joining other brands like cosmetics giant Revlon, motorcycle manufacturer Kawasaki Motors, Bumble Bee Foods and EssilorLuxottica, which owns major eyewear brands like Ray-Ban. Legal experts have told Forbes it’s unclear how a refund process would play out, but court records show more than 70 companies have already filed lawsuits seeking to kickstart the process, asking the U.S. Court of International Trade to declare the tariffs unlawful, force the federal government to refund the money they’ve paid and block the government from charging Trump’s sweeping tariffs going forward. The lawsuits mark a new turn in the legal fight over Trump’s tariffs, as it’s previously been smaller companies filing litigation against the duties, while larger companies have shied away from openly criticizing the policy. Other companies filing lawsuits in recent weeks include packaging company Berlin Packaging, eyewear group Innovative Eyewear, fitness gear manufacturer iFit, aluminum producer Alcoa and plumbing supplier Ferguson Enterprises, among others. Crucial Quote The refund lawsuits are “necessary … because even if the IEEPA duties and underlying executive orders… The post Costco, Revlon And More Suing Trump Administration For Tariff Refunds appeared on BitcoinEthereumNews.com. Topline Major companies including Costco, Revlon and Kawasaki Motors are increasingly going to court over President Donald Trump’s sweeping “Liberation Day” tariffs as the Supreme Court weighs overturning them, filing lawsuits against the Trump administration to secure refunds of their tariffs after previously staying quiet. Costco is the latest major company to file lawsuits over Trump’s tariffs. Getty Images Key Facts The Supreme Court is deliberating on whether Trump’s tariffs were lawfully imposed under the International Emergency Economic Powers Act (IEEPA), as the president claims, or if they should be overturned. Justices signaled they were wary of the tariffs, and if the policy gets overturned, companies that already paid tariffs could get refunds for the fees they’ve already paid. Costco became the latest major company to file a lawsuit Friday, joining other brands like cosmetics giant Revlon, motorcycle manufacturer Kawasaki Motors, Bumble Bee Foods and EssilorLuxottica, which owns major eyewear brands like Ray-Ban. Legal experts have told Forbes it’s unclear how a refund process would play out, but court records show more than 70 companies have already filed lawsuits seeking to kickstart the process, asking the U.S. Court of International Trade to declare the tariffs unlawful, force the federal government to refund the money they’ve paid and block the government from charging Trump’s sweeping tariffs going forward. The lawsuits mark a new turn in the legal fight over Trump’s tariffs, as it’s previously been smaller companies filing litigation against the duties, while larger companies have shied away from openly criticizing the policy. Other companies filing lawsuits in recent weeks include packaging company Berlin Packaging, eyewear group Innovative Eyewear, fitness gear manufacturer iFit, aluminum producer Alcoa and plumbing supplier Ferguson Enterprises, among others. Crucial Quote The refund lawsuits are “necessary … because even if the IEEPA duties and underlying executive orders…

Costco, Revlon And More Suing Trump Administration For Tariff Refunds

Topline

Major companies including Costco, Revlon and Kawasaki Motors are increasingly going to court over President Donald Trump’s sweeping “Liberation Day” tariffs as the Supreme Court weighs overturning them, filing lawsuits against the Trump administration to secure refunds of their tariffs after previously staying quiet.

Costco is the latest major company to file lawsuits over Trump’s tariffs.

Getty Images

Key Facts

The Supreme Court is deliberating on whether Trump’s tariffs were lawfully imposed under the International Emergency Economic Powers Act (IEEPA), as the president claims, or if they should be overturned.

Justices signaled they were wary of the tariffs, and if the policy gets overturned, companies that already paid tariffs could get refunds for the fees they’ve already paid.

Costco became the latest major company to file a lawsuit Friday, joining other brands like cosmetics giant Revlon, motorcycle manufacturer Kawasaki Motors, Bumble Bee Foods and EssilorLuxottica, which owns major eyewear brands like Ray-Ban.

Legal experts have told Forbes it’s unclear how a refund process would play out, but court records show more than 70 companies have already filed lawsuits seeking to kickstart the process, asking the U.S. Court of International Trade to declare the tariffs unlawful, force the federal government to refund the money they’ve paid and block the government from charging Trump’s sweeping tariffs going forward.

The lawsuits mark a new turn in the legal fight over Trump’s tariffs, as it’s previously been smaller companies filing litigation against the duties, while larger companies have shied away from openly criticizing the policy.

Other companies filing lawsuits in recent weeks include packaging company Berlin Packaging, eyewear group Innovative Eyewear, fitness gear manufacturer iFit, aluminum producer Alcoa and plumbing supplier Ferguson Enterprises, among others.

Crucial Quote

The refund lawsuits are “necessary … because even if the IEEPA duties and underlying executive orders are held unlawful by the Supreme Court, importers that have paid IEEPA duties, including Plaintiffs, are not guaranteed a refund for those unlawfully collected tariffs” without a court ruling ordering it, Costco, Revlon and other companies argued in their lawsuits. Court filings show many of the lawsuits were brought by the same law firms, so the same language has been used across a number of separate filings.

Read More

Source: https://www.forbes.com/sites/alisondurkee/2025/12/02/these-companies-are-filing-fresh-lawsuits-over-trumps-tariffs-including-costco-revlon-and-more/

Market Opportunity
Moonveil Logo
Moonveil Price(MORE)
$0,002198
$0,002198$0,002198
+1,47%
USD
Moonveil (MORE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

LMAX Group Deepens Ripple Partnership With RLUSD Collateral Rollout

LMAX Group Deepens Ripple Partnership With RLUSD Collateral Rollout

LMAX Group has revealed a multi-year partnership with Ripple to integrate traditional finance with digital asset markets. As part of the agreement, LMAX will introduce
Share
Tronweekly2026/01/16 23:00
Pastor Involved in High-Stakes Crypto Fraud

Pastor Involved in High-Stakes Crypto Fraud

A gripping tale of deception has captured the media’s spotlight, especially in foreign outlets, centering on a cryptocurrency fraud case from Denver, Colorado. Eli Regalado, a pastor, alongside his wife Kaitlyn, was convicted, but what makes this case particularly intriguing is their unconventional defense.Continue Reading:Pastor Involved in High-Stakes Crypto Fraud
Share
Coinstats2025/09/18 00:38
Fed rate decision September 2025

Fed rate decision September 2025

The post Fed rate decision September 2025 appeared on BitcoinEthereumNews.com. WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11-to-1 vote signaling less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4.00%-4.25%. Newly-installed Governor Stephen Miran was the only policymaker voting against the quarter-point move, instead advocating for a half-point cut. Governors Michelle Bowman and Christopher Waller, looked at for possible additional dissents, both voted for the 25-basis point reduction. All were appointed by President Donald Trump, who has badgered the Fed all summer to cut not merely in its traditional quarter-point moves but to lower the fed funds rate quickly and aggressively. In the post-meeting statement, the committee again characterized economic activity as having “moderated” but added language saying that “job gains have slowed” and noted that inflation “has moved up and remains somewhat elevated.” Lower job growth and higher inflation are in conflict with the Fed’s twin goals of stable prices and full employment.  “Uncertainty about the economic outlook remains elevated” the Fed statement said. “The Committee is attentive to the risks to both sides of its dual mandate and judges that downside risks to employment have risen.” Markets showed mixed reaction to the developments, with the Dow Jones Industrial Average up more than 300 points but the S&P 500 and Nasdaq Composite posting losses. Treasury yields were modestly lower. At his post-meeting news conference, Fed Chair Jerome Powell echoed the concerns about the labor market. “The marked slowing in both the supply of and demand for workers is unusual in this less dynamic…
Share
BitcoinEthereumNews2025/09/18 02:44