Nintendo Rejects Tariff Rebate After Court Ruling on 19% US Tariff
A February court ruling said the US 19% tariff surcharge was illegal, prompting the US to begin issuing refunds to businesses. Smaller maker Panic refunded customers, stopped charging tariffs on new orders, and later refunded all tariff charges after receiving reimbursements. Nintendo, which reportedly received $300 million in refunds, says consumers are not entitled to rebates based on intervening legal developments.