Marketplace Morning Report Costco wants its tariff money back
Dec 2, 2025
Costco is making headlines by suing for tariff refunds, pointing to potential illegalities in Trump's trade policies. As the holidays approach, insights into market trends and early Cyber Monday spending reveal retail inflation dynamics. Meanwhile, the discussion shifts to the moon, exploring its emerging economy. Experts highlight the commercialization of space and the legal intricacies surrounding resource claims, as companies seek to capitalize on extraterrestrial opportunities. Get ready for a week full of lunar insights!
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Big Firms Seek Tariff Refunds
- If the Supreme Court rules Trump's tariffs illegal, major companies may seek refunds for duties they paid.
- Costco, Revlon, and Kawasaki have sued to ensure they can recover tariffs plus interest if struck down.
Court Skepticism And Fast Timeline
- The Supreme Court fast-tracked the tariff case and several conservative justices appeared skeptical of the administration's arguments.
- A ruling could come as soon as the end of the year, creating legal and financial uncertainty for companies and the Treasury.
Tariff Revenue Is Substantial
- U.S. firms have paid over $100 billion in tariffs this year, a large pool held by the U.S. Treasury.
- If tariffs are invalidated, reclaiming that money would be complex and politically significant.
