Wholesale giant Costco has filed a lawsuit against the Trump administration for a "full refund" on import duties the company says it paid this year under global tariffs imposed by President Donald Trump.
The lawsuit, filed by Costco at the U.S. Court of International Trade on Nov. 28, states that Congress, not the president, has the power to impose tariffs.
Trump imposed a flurry of global tariffs in April, citing the 1977 International Emergency Economic Powers Act, or IEEPA, which gives the president power to regulate international commerce in the event of an "unusual and extraordinary threat."
On Monday, Costco filed a motion to combine its lawsuit with nearly two dozen other lawsuits previously filed by other U.S. companies challenging the legality of Trump's IEEPA tariffs.
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