"Companies can seek repayment for costs they absorbed under the tariffs, but questions remain about whether consumers will see any of that money returned."
"It will take about 60 to 90 days, as estimated, at the least. And that is unless there are any other legal challenges or unless there is anything else put in place that will prolong the duration of this."
"Especially when they announced the Switch 2, I was just kind of taken aback by the price because it was so much more than the original Switch."
"In 2025, Nintendo publicly acknowledged price increases and told consumers the hikes were tied to the tariffs."
The Supreme Court ruled that certain tariffs imposed by President Trump were illegal, leading to over $150 billion in refunds for U.S. businesses. Companies can now request repayment for costs incurred due to these tariffs. A new government website has been launched to assist businesses in navigating the refund process, which may take 60 to 90 days. Consumers, who faced higher prices during the tariff period, are concerned about whether they will see any benefits from these refunds.
Read at ABC7 San Francisco
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