00:00Costco has sued the Trump administration regarding tariff payments and to stop further collections while the Supreme Court reviews whether the president has the authority to impose the duties.
00:10The retailer warns that a December 15th liquidation deadline could block any refunds, even if the court ultimately rules the tariffs as unlawful.
00:19Lower courts have already found the president lacked the constitutional power to levy these reciprocal tariffs,
00:25and several Supreme Court justices signaled skepticism towards the White House's defense.
00:30Costco argues that without its own lawsuit, importers may never see refunds, even if the tariffs are struck down due to strict rules on contesting tariff assessments.
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