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Costco is in "limbo" after a massive Supreme Court victory!
The Court just struck down the IEEPA tariffs, opening the door for a potential $500M to $2B refund for Costco. But don’t celebrate just yet—the government has a backup plan.
The Breakdown:
The Ruling: The Supreme Court ruled that the President exceeded his authority with the IEEPA tariffs.
The Catch: The Court "passed the buck" on refunds, leaving it to lower courts to decide if the Treasury actually has to pay up.
The New Reality: President Trump immediately pivoted to a 15% Global Tariff under Section 122 to replace the lost revenue.
The "Limbo" Effect: With complex trade rules like the USMCA in play, it’s unclear how much Costco actually paid—or if they’ll ever see that cash again.
the questions whether or not this a massive earnings boost or just a legal "food fight." In 2026, the smart money is staying cautious.
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