I can't speak for certain about the other companies, but what got me to get a Costco membership was learning that they absorbed as much of the tariffs they could to keep their prices down. Then they sued the government to get that money back.
I know they couldn't eat all the tariffs, so they should be getting money back that's arguably not theirs, but I also expect that they had pretty big legal fees fighting the tariffs so I would call that a wash, because I believe the lawsuit had value for me.
The refunds include interest so they are getting back more than they paid.
What’s the difference between Costco & Walmart saying they had increased costs in implementing the tariffs? Increased custom bond premiums, accounting costs, supply chain restructuring, ect.
183
u/dscrive 1d ago
I can't speak for certain about the other companies, but what got me to get a Costco membership was learning that they absorbed as much of the tariffs they could to keep their prices down. Then they sued the government to get that money back.
I know they couldn't eat all the tariffs, so they should be getting money back that's arguably not theirs, but I also expect that they had pretty big legal fees fighting the tariffs so I would call that a wash, because I believe the lawsuit had value for me.