The wholesale membership big-box chain Costco is suing the Trump administration, demanding a refund on its tariff expenses.According to NBC News, "The company said in a Nov. 28 filing that it is seeking a 'full refund' of all ... duties paid as a result of President Donald Trump's executive order wh...
Costco is pretty much the only “good” giant conglomerated multinational corporation it seems.
Investors are already gambling with this money. Companies sold their rights to refunds to other companies for fraction of the value. Banks bought it and are now waiting for Trump to pay them. One of investors is the son of US commerce secretary Howard Lutnick.
If anyplace would they might. They got a notable boost in traffic just by explicitly saying they wouldn’t drop their DEI policy when that was his favorite tantrum.
Sweet. And then Costco will give us that money since we covered that cost. Start checking the mailboxes :) /s
Investors are already gambling with this money. Companies sold their rights to refunds to other companies for fraction of the value. Banks bought it and are now waiting for Trump to pay them. One of investors is the son of US commerce secretary Howard Lutnick.
https://www.wired.com/story/cantor-fitzgerald-trump-tariff-refunds/
They actually may. They keep records tied to membership number and already have a system set up for yearly rebates.
It would be funny if only Costco members got tariff refund checks
It would be a big positive news story for them as well. Might even pull some customers away from Sam’s.
If anyplace would they might. They got a notable boost in traffic just by explicitly saying they wouldn’t drop their DEI policy when that was his favorite tantrum.