Costco makes surprising move to keep prices down

Chicago Booth's Chad Syverson, George C. Tiao Distinguished Service Professor of Economics,  explains tariffs and their immediate impact on consumers in this TheStreet article on how Costco has been paying tariffs to keep costs down for consumers, but is looking to challenge the tariffs themselves in the U.S. Court of International Trade. 

Read the full article on how Costco is challenging the current administration and trade policies at the TheStreet website.