Overview
- Costco said shareholders will vote on Raimondo’s nomination at the company’s Jan. 15 meeting.
- The U.S. Court of International Trade has consolidated Costco’s tariff-refund lawsuit with similar cases brought by 19 other companies.
- Costco’s suit seeks immediate refunds of tariffs paid this year and an order stopping further collections while litigation proceeds.
- In a securities filing, Costco described a board refreshment process and said Raimondo was identified through Chairman Hamilton (Tony) James and is well known by current directors.
- Raimondo led the Commerce Department from 2021 to 2025, previously served as Rhode Island governor, and has cautioned that once imposed, tariffs are hard to remove.