Costco Nominates Raimondo, Challenges Tariffs
Update: 2025-12-05
Description
Costcos Board Nomination: A Strategic Move Amidst Trade ChallengesCostco Wholesale has nominated Gina Raimondo, former Commerce Secretary and Rhode Island Governor, to its board. This comes as Costco challenges trade policies, filing a lawsuit for tariff refunds and seeking to halt further duties. Raimondos expertise in global business and politics is expected to benefit the board. Her warning about the difficulty of removing tariffs adds complexity to the companys strategic moves and government policy interactions.
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