On November 28, Costco (net sales of US$267 billion in the fiscal year ending August 31, 2025 , up by 8.1% after 6% in 2024) sued the Trump administration, judging the tariff surcharges imposed since April 2025 as illegal. The retailer asked the Court of International Trade to cancel these taxes and reimburse all surcharges paid. Last May, the Chief Financial Officer Gary Millerchip noted that one third of Costco’s US sales come from imported products, of which 8% are from China.
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Article authors
Morgane Monteiro
Journalist
Journaliste économique pour mind Retail depuis 2024, j’analyse la transformation digitale du commerce.