Two gamers have filed a class action lawsuit against Nintendo, alleging that the company will be unjustly enriching itself with any refund it secures from the U.S. government over widespread tariffs last year that, among other things, hiked the prices of Nintendo hardware and accessories.
“Unless restrained by this Court, Nintendo stands to recover the same tariff payments twice—once from consumers through higher prices and again from the federal government through tariff refunds, including interest paid by the government on those funds,” the suit states.
How did your company lose hundreds of thousands if they passed them onto the customer? If you made the customer pay, your company has the money and can pass on the money you get from the government to your consumers
We’ve sold maybe a 10th of what we sold pre-tariffs. W have probably lost closer to million in sales due to the tariffs. Customer’s aren’t buying parts for preventative maintenance, they only purchase when it’s an emergency and they are losing tens of thousands of dollars an hour in production. US manufacturing is in trouble.
So the years you have good sales did you ever pass the extra earnings on to the customer?
€hareholders,baby!
Okay? Not sure why your sales numbers make any difference. Of what your company did sell, you raised the price to cover the tariffs. You did not pay them, your customers did, so if a refund for those tariffs falls into your hands, you should pass it on to the customers that paid them. Having a shitty year sales wise doesn’t magically make that refund yours.
The whole point is that the economies of scale don’t work to pay your staff and fixed costs at lower numbers. The damage is nonreversible, like economy studies show when you have uncertainty on the market.
You don’t sell the same amount of product when you have to increase the price. You may need to shrink your business to not get the remaining margin getting eaten up by operational costs.
Oh yeah, our sales have tanked this year due to the tarrifs. Customers keep asking us to find ways to avoid tariffs, but the parts are MADE IN GERMANY