The Trump administration has paid $100 billion in tariff refunds. Consumers shouldn’t expect to see much of it.Nintendo, for instance, says customers agreed to tariff-related price increases when they made purchases — and therefore aren’t entitled to refunds.A customer purchases a Nintendo Switch 2 video game console in San Francisco in June 2025.Godofredo A. Vásquez / AP fileAug. 6, 2026, 3:38 PM EDTConsumers paid higher prices on everything from furniture to flip-flops because of President Donald Trump’s tariffs. But they’re likely to come up empty-handed if they’re looking for a cut of the refunds paid to companies.Just a moment.We are getting your experience ready.
The Trump administration has paid $100 billion in tariff refunds. Don’t expect a cut of it.
Nintendo, for instance, says customers agreed to tariff-related price increases when they made purchases — and therefore aren’t entitled to refunds.
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