Costco to Pass Savings from Tariff Refunds to Shoppers
New Orleans News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Costco plans to lower prices if it receives refunds from the Supreme Courts tariff ruling, following a lawsuit against Trumps emergency tariffs. The company has already reduced prices on certain items due to tariff reductions and is focusing on offering affordable alternatives to name brands. Costcos sales and net income surpassed expectations, with shares holding steady in premarket trading. However, experts caution that recent tariff moves could reverse easing inflation trends.
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