- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
The wholesaler is the latest company to file a lawsuit against a federal agency over the president’s signature economic policy.
Costco Wholesale has filed a lawsuit against the Trump administration, asking the Court of International Trade to consider all tariffs collected under the International Emergency Economic Powers Act unlawful.
The company said in a Nov. 28 filing that it is seeking a “full refund” of all IEEPA duties paid as a result of Donald Trump’s executive order which imposed what he called “reciprocal” tariffs.
“Because IEEPA does not clearly authorize the President to set tariffs…the Challenged Tariff Orders cannot stand and the defendants are not authorized to implement and collect them,” Costco’s lawyer writes in the lawsuit.
Global cosmetics giant Revlon, eyeglass maker EssilorLuxottica, motorcycle manufacturer Kawasaki, canned foods seller Bumble Bee, Japanese auto supplier Yokohama Tire and many smaller firms have also filed similar suits
It so they can profile you and adjust their pricing depending on how wealthy you are and if you really need the product. Dynamic pricing is coming and it’s going to be brutal. They’re not collecting these enormous datasets on every household for marketing only.
And so they can do really evil stuff like gouge you on water when it’s hot out.
I just don’t see that happening when we have Shipt and Instantcart. Will they be profiling the shopper or the shoppers customer? Will we have professional “shoppers” that get discounts for their customers? Amazon tried the regional pricing long ago and it didn’t go over well for them.
Given the price I’ve seen for those services, that will be the first group to get gouged. People are apparently willing to pay a massive premium for them.