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August 5, 2026
Nintendo Reports Profit Spike Due to Trump Tariffs Refund
- Nintendo's profits increased by 53.5% to ¥147.4 billion, aided by a refund on tariffs after a Supreme Court ruling.
- The Trump administration has refunded approximately 60% of the $165 billion collected from tariffs, totaling around $100 billion.
- Nintendo filed a lawsuit seeking a full refund from the White House, amid ongoing discussions about passing refunds to consumers.
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2 Sources
- Trump admin refunds $100 billion in 'liberation day' tariffsAug 5, 2026 at 2:36 PM · CNBC
- ‘Mamma mia!’: Trump tariffs refund ignites 53% profit spike at NintendoAug 6, 2026 at 10:22 AM · The Guardian