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The Trump administration has paid $100 billion in tariff refunds. Don’t expect a cut of it.

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.Listen to this article00:0000:00A customer purchases a Nintendo Switch 2 video game console in San Francisco in June…

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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.

Nintendo Switch 2
A customer purchases a Nintendo Switch 2 video game console in San Francisco in June 2025.Godofredo A. Vásquez / AP file

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/

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