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.
Consumers 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.
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Original source: https://www.nbcnews.com/