Nintendo sues to prevent Trump from dodging full tariff refunds

Last Friday, Nintendo joined thousands of companies suing the Trump administration to secure full refunds, plus interest, for billions in unlawful tariffs collected under the International Emergency Economic Powers Act (IEEPA).

In its complaint, Nintendo insisted that the Trump administration has already conceded that more than $200 billion in refunds are owed to hundreds of thousands of importers who paid tariffs, regardless of liquidation status.

However, Nintendo fears that the Trump administration may try to avoid paying refunds to certain companies whose tariff payments have already been liquidated, which means that the duties owed were finalized. The government has continually argued that it will only follow through on refunding all importers if a court directly orders refunds to be repaid in a way that requires reliquidation. Such an order would force officials to void all finalized tariffs and come as a relief to many companies in Nintendo’s position that ...