The Trump administration has paid $100 billion in tariff refunds. Consumers shouldn’t expect to see much of it.

Catch up with NBC News Clone on today's hot topic: Trump Tariff Refunds Consumers Unlikely Rcna591129 - Business and Economy | NBC News Clone. Our editorial team reformatted this story for clarity and speed.

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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