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Stockreport

Retail Giant Costco Challenges US Tariffs In Court [Barron's]

Costco Wholesale Corporation (COST)  More Company Research Source: Barrons
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
The suit, filed on Friday in the US Court of International Trade, says the tariffs are illegal. It does not specify how much reimbursement the multinational company is seeking on tariffs paid since they took effect earlier in Trump's presidency. Advertisement - Scroll to Continue Costco is the largest US company to challenge the tariffs, which are a cornerstone of Trump's policy to address what he views as a chronic imbalance in US trade and to exert diplomatic pressure on other countries. Several businesses and Democratic-led states have filed complaints with the same court, arguing that the tariffs are unconstitutional as the power to impose them rests with Congress. The complaints do not address tariffs targeting specific sectors like automobiles and steel. The US Court of International Trade has ruled that tariffs imposed by Trump under emergency powers were illegal, a ruling upheld by the US Court of Appeals, but the tariffs remain in force pending a ruling from the US [Read more]
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Stockreport

Retail Giant Costco Challenges US Tariffs In Court [Barron's]

Costco Wholesale Corporation  (COST) 
More Company Research Source: Barrons
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
The suit, filed on Friday in the US Court of International Trade, says the tariffs are illegal. It does not specify how much reimbursement the multinational company is seeking on tariffs paid since they took effect earlier in Trump's presidency. Advertisement - Scroll to Continue Costco is the largest US company to challenge the tariffs, which are a cornerstone of Trump's policy to address what he views as a chronic imbalance in US trade and to exert diplomatic pressure on other countries. Several businesses and Democratic-led states have filed complaints with the same court, arguing that the tariffs are unconstitutional as the power to impose them rests with Congress. The complaints do not address tariffs targeting specific sectors like automobiles and steel. The US Court of International Trade has ruled that tariffs imposed by Trump under emergency powers were illegal, a ruling upheld by the US Court of Appeals, but the tariffs remain in force pending a ruling from the US [Read more]
IMPACT SNAPSHOT
EVENT TIME:
COST
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS