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Stock impact report

Costco Is Suing the Trump Administration Over Tariffs [Yahoo! Finance]

Maplebear Inc. (CART) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4715924
Company Research Source: Yahoo! Finance
Costco is known for large-format grocery goods, samples galore, affordable and beloved rotisserie chickens , and…suing the federal government, as of recently. The chain filed a suit against the Trump administration last week, alleging that its tariff collections have been unlawful, not to mention incredibly costly. Also this week, Consumer Reports determined that Instacart routinely tests different prices for the same goods on its customers, 7-Eleven's famous Japanese egg sandos have landed stateside, and more. Costco Wholesale has filed suit against the Trump administration before the Court of International Trade, asking it to rule that all tariffs collected under the International Emergency Economic Powers Act (IEEPA) are unlawful. The company is seeking a “full refund” of all duties under the act paid as a result of President Donald Trump's executive order that imposed what he called “reciprocal” tariffs. While Costco does not reveal how much the duties have cost it in its f Show less Read more
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