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‘Mamma mia!’: Trump tariffs refund ignites 53% profit spike at Nintendo
Profit jump fuelled largely by unknown US refund amount as Japanese video game firm records quarterly sales drop Nintendo has reported a jump in profits, as the Japanese game maker’s earnings were buoyed up by a long-awaited refund on Donald Trump’s tariffs. The company said profits surged 53.5% to
GlobeSignal
Trade Pressure Rising
Trade policy changes like this can affect businesses, import costs and consumer prices. Directly involves Japan.
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Also reported by: The Guardian Business, The Guardian Technology
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