Costco sues US government over tariff refunds ahead

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Costco has sued the US government to ensure it will receive refunds if the Supreme Court rejects President Donald Trump’s bid for sweeping authority to impose tariffs.

In a complaint filed Friday in the US Court of International Trade in Manhattan, Costco (COST) said Trump’s use of the International Emergency Economic Powers Act to impose tariffs left it uncertain whether businesses can recoup sums they should not have paid.

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