Costco evaluates tariff refunds amidst administrative hurdles

Name: Costco evaluates tariff refunds amidst administrative hurdles
Uploaded: 2026-03-06T17:08:01Z
Duration: 30 s
Description: Lauren Simonetti reports on Costco's stock performance, currently up 1%, and the ongoing evaluation of tariff refunds by Customs and Border Patrol. The agency has stated it cannot comply with a court order to begin refunding reciprocal tariffs due to the high volume of administrative hurdles, casting doubt on Costco's ability to cut consumer prices as previously indicated.

Varney & Company · FBN · Mar 6, 2026 · 30sSign Up Now

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Lauren Simonetti reports on Costco's stock performance, currently up 1%, and the ongoing evaluation of tariff refunds by Customs and Border Patrol. The agency has stated it cannot comply with a court order to begin refunding reciprocal tariffs due to the high volume of administrative hurdles, casting doubt on Costco's ability to cut consumer prices as previously indicated.