Costco CEO says any tariff refunds it gets will flow back to members through 'lower prices and better values'

Costco is suing the US government for refunds of Trump's IEEPA tariffs.

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• Costco CEO Ron Vachris said the company is committed to returning tariff refund value to members.
• The company is one of hundreds suing the US government for refunds of Trump's IEEPA tariffs.
• "We always want to be the first to lower prices and the last to raise them," Vachris said.

Costco CEO Ron Vachris said the company is committed to returning tariff refund value to members.