Nintendo files lawsuit seeking refunds on Trump’s tariffs
The Hindu - Business Line
Nintendo is suing the U.S. government for refunds on tariffs paid during Donald Trump's presidency, following a Supreme Court ruling.Summary
Nintendo Co. filed a lawsuit in the U.S. Court of International Trade on March 6th, seeking a refund for duties paid to the U.S. government due to tariffs imposed by former President Donald Trump. The company argues these tariffs were “unlawfully collected” and requests a “prompt refund.” This action follows a February 20th Supreme Court ruling (6-3) that determined Trump illegally issued the tariffs under the International Emergency Economic Powers Act (IEEPA). Nintendo joins thousands of U.S. companies already pursuing approximately $170 billion in refunds for previously paid tariffs that were overturned by the court.
(Source：The Hindu - Business Line)