Costco Wholesale has taken the Trump administration to court, filing a high-stakes lawsuit that challenges the legality of billions of dollars in tariffs imposed under Donald Trump’s presidency. The retail giant is asking the U.S. Court of International Trade for a full refund of the duties it paid under the International Emergency Economic Powers Act…
The legal battle over sweeping tariffs imposed by President Donald Trump took center stage this week with the Learning Resources, Inc. v. Trump case, which challenges whether the president has the authority, under the International Emergency Economic Powers Act (IEEPA), to unilaterally impose import duties without congressional approval. Here’s what you need to know —…