"One Costco customer, for example, sued the warehouse chain in March, alleging that the retailer is similarly poised to recover its tariff costs twice unless it refunds customers. Costco CEO Ron Vachris has said that the company would pass along any refunds it gets from the federal government in the form of "lower prices and better values for members." FedEx and UPS, which billed customers for tariffs on US-bound shipments, have also faced suits seeking refunds of both the tariffs themselves and the brokerage fees they charged."
US Customs and Border Protection plans to issue refunds for unconstitutional tariffs to companies that applied for reimbursement. Customers are suing companies to obtain a share of those refunds, arguing they already paid tariff costs through higher prices and related fees. Nike faces a lawsuit in the US District Court for the District of Oregon from customers who bought tariff-affected products after the Supreme Court ruled the tariffs unconstitutional in February. The lawsuit alleges Nike offset tariff impacts by raising prices, creating a risk of recovering tariff payments twice. Costco, FedEx, and UPS face similar claims, including demands for refunds of tariffs and brokerage fees charged on US-bound shipments. Costco has said it would pass refunds to members through lower prices and better values.
#tariff-refunds #unconstitutional-tariffs #consumer-lawsuits #pricing-and-fees #us-customs-and-border-protection
Read at www.businessinsider.com
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