ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Many Costco shoppers are giving up their memberships — and Trump is at the center of it

Supporters of the Trump administration are not happy with the retailer's latest move.
PUBLISHED 59 MINUTES AGO
Trump supporters and Costco shoppers (Cover image source: Getty Images | Joe Raedle and Scott Olson)
Trump supporters and Costco shoppers (Cover image source: Getty Images | Joe Raedle and Scott Olson)

Retailers have been facing boycotts for changing their policies in line with President Donald Trump's approach against diversity, but Costco is one of those corporations that took a stand against him by demanding refunds for tariffs. In doing so, it has upset a section of its members. The warehouse retailer recently filed a lawsuit against the Trump Administration seeking to nullify the emergency tariffs and a full refund of the duties it has paid thus far. While the court is yet to rule on the case of the legality of the tariffs, some of Costco's members have already announced a verdict against the retailer by choosing to cancel their memberships. Several members took to social media claiming that a widespread boycott from President Donald Trump's supporters is soon to come. 

(Image Source: Getty Images| Photo by 	Marvin Samuel Tolentino Pineda)
Representative image of shoppers in front of the Costco membership counter (Image Source: Getty Images/Photo by Marvin Samuel Tolentino Pineda)

Over the Thanksgiving holiday, Costco filed a suit in the Court of International Trade, urging it to deem the emergency tariffs unlawful. Costco sought to block the U.S. Customs from applying the tariffs on its imports, arguing that President Trump improperly used the International Emergency Economic Powers Act to impose the tariffs. Earlier, two lower courts ruled that the president exceeded his authority by using the emergency law to impose the tariffs without the approval of Congress. The case is now with the Supreme Court, and if the judicial body rules against the administration and declares the tariffs illegal, the government will need to refund the tariffs collected from the importers and companies. Thus, Costco said it was abiding by a December 15 deadline to file the suit and make sure it gets the refunds if and when the ruling comes.

U.S. President Donald Trump holds up a chart showing the reciprocal tariffs (Image source: Getty Images/Photo by Chip Somodevilla)
U.S. President Donald Trump holds up a chart showing the reciprocal tariffs (Image source: Getty Images/Photo by Chip Somodevilla)

While Costco and several other retailers were impacted by the rise in prices due to the tariffs, Trump supporters who shop at the membership retailer weren't happy with the move. Several members took to X to denounce their memberships and trigger a boycott. "Many people will be canceling their membership. Costco's gone woke, so they're going to go broke. They just want to buy cheap Chinese goods and make more profit and don't give a damn about American citizens and the US bringing back manufacturing here," wrote one user called @Americana45_47, expressing outrage.

Screenshot of a comment on X (Image source: X@Ailith69)
Screenshot of a comment on X (Image source: X/@Ailith69) 

"Stand up and rise for the boycott! Make sure to tell everyone you know to cancel their membership, too!" @chopooter hailed. “I just cancelled my Costco membership. Screw them!” @A_Revelator shared. 

Screenshot of a comment (Image source: X/@GlennPe66612669)
Screenshot of a comment (Image source: X/@GlennPe66612669)

Dozens more comments popped up on various posts on X that announced the lawsuit. On the other hand, supporters of the retailer argued that the potential boycott was only good for the members, as it would cut the queue short once the prices fell due to the lawsuit. "So they want to keep prices low for their members any way they can….and y'all's reaction is to “cancel Costco?” Idiots! Go ahead, cancel…that shortens the line for the rest of us," wrote a user called @Dcchambers31

Screenshot of comment of X (Image source: X/@JohnnyFDK)
Screenshot of comment of X (Image source: X/@JohnnyFDK)

There were also those who came out in support, claiming they would get extra memberships just to help the retailer. "I might have to purchase a 2nd membership just to help support the cause. Love @Costco," shared @FrankRHatcher. 

More on Market Realist: 

Costco sues the Trump admin over tariffs — wants 'full refund' for costs it incurred

Costco just confirmed it has dropped a fan-favorite product line in surprising move

People are rushing to Costco after seeing the price of their Thanksgiving dinner kit

RELATED TOPICS COSTCO
MORE ON MARKET REALIST
Economists, John Campbell and Tarun Ramadorai told CBS that Americans are unprepared for retirement.
35 minutes ago
Supporters of the Trump administration are not happy with the retailer's latest move.
59 minutes ago
The advocacy group, Amazon Employees for Climate Justice, addressed the letter to CEO Andy Jassy.
4 hours ago
The player, Noah Kraski solved the final puzzle with just two clues on the board.
8 hours ago
In a suit filed in the Court of International Trade, the retailer argued the tariffs were unlawful.
1 day ago
The company will pay about 15,000 workers a weekly compensation and millions in civil penalties.
1 day ago
Chorsie Calber IV, who lost a car on Thursday, won $120,000 in his second Bonus Round of the week.
2 days ago
The Black Friday sales were up by 10.1% from 2024, despite economic uncertainty and cost concerns.
2 days ago
The two Choceur brand products from Silvestri Sweets were sold in over a dozen states.
2 days ago
While Toni Perrotta didn't land on the big prize, she got to drive home a Toyota sports car
6 days ago
The Turkey Dinner Kit has got rave reviews from customers on social media already.
6 days ago
The contestant, Liz St. Claire got close to taking home nearly $75,000.
6 days ago
The contestant, Emily bet $10,000 on the item and ended up losing everything.
6 days ago
Members on Instagram called out the retailer for the exorbitant prices of seafood.
7 days ago
While the trend in consumers isn't that alarming, the same for businesses can trigger harm.
7 days ago
With the average gas price falling to a record low of $3.02 per gallon, millions are taking to the road.
7 days ago
Harvey made it clear why he won't be seen at a T-Swift concert with one of his friends.
7 days ago
The player, Tanequa Ward looked set to win the big prize at a point.
Nov 25, 2025
CEO Ted Decker claimed the decline in demand for home improvements will likely continue through 2025.
Nov 25, 2025
A post on Reddit sparked concerns as a member claimed the retailer had completely moved to the app.
Nov 25, 2025