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US Caps Tariffs on Swiss Cosmetics Imports at 15% Retroactively
THE WHAT? The US has reduced additional tariffs on Swiss imports to a 15% ceiling, applied retroactively from 14 November 2025, with cosmetics included in the affected product categories. THE DETAILS The new tariff cap replaces a previous additional duty of up to 39% on Swiss goods. Alongside existing exemptions for pharmaceuticals and certain…
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Costco Joins Legal Push for Tariff Refund Eligibility as Supreme Court Reviews Trump Trade Policy
THE WHAT? Costco has filed a lawsuit to secure eligibility for tariff refunds should the US Supreme Court overturn President Trump’s global tariff strategy, becoming one of the largest retailers to challenge the administration’s use of emergency economic powers. THE DETAILS The complaint, filed on 28 November in the US Court of International Trade,…