alessandro

Nintendo [of America] sues the US government over tariffs — Japanese videogame giant seeks 200 billion refund with interest

https://lemmy.ca/post/61476617

Nintendo sues the US government over tariffs — Japanese videogame giant seeks 200 billion refund with interest - Lemmy.ca

Lemmy

Mar 8 at 9:49amWeb
Show threadbrillottiMar 8
None of that is going to customers who overpaid, is it?
Show threadMBechMar 8
Are you mad? The poor capitalists need that 200 billion! Otherwise their chrildren won’t be able to afford a 3rd yacht, is that seriously what you expect??? You make me sick!
Show threadSeductiveTortoiseMar 8
I didn’t overpay (because not living in the US) so take what I write with grain of salt but at this point I’m just happy the US gets their ass whooped. Yeah, it sucks for the people living there, but it’s necessary.
Show threadIronBirdMar 8
am american, can confirm. americans as a whole are dumb as fuck, the only chance of them learning lessons is through direct personal pain
Show threadGeeDubHaydukeMar 9
“He’s not hurting the people he’s supposed to be hurting!”
Show threadMidnitteMar 8

argues that those tariffs were unlawfully imposed under the International Emergency Economic Powers Act of 1977 (IEEPA) and seeks the return of the collected duties “with interest,” along with attorney fees and the reprocessing of its import entries.

Simply amazing lol. Certainly tired of all the “winning”.

Show threadTommySodaMar 8
I just hope this gets more huge companies to start suing. I’ve already accepted that I won’t see any of that money again so I’d at least love to see how far this goes.
Show threadChiveraMar 8
They sue over this but not when ICE used their Pokemon IP on their videos?
Show threadPonyOfWarMar 8
That’s 2 different companies (Nintendo vs The Pokemon Company). But also yeah, obviously they have much more to gain when it’s about $200B.
Show threadJesusaurusMar 8
I have to suspect it’s 200b yen, even though the article states “$200 billion”. The later with a 15% tarrif would imply $3 trillion in US sales in the last year, which I highly doubt
Show threadHideakikarateMar 8
According to news sites, the US government took in about $166 billion, although I’m also seeing $175 billion floating around. CBP is claiming that they can’t comply with the refund order as quickly as they want because of technological and manpower excuses. They’re claiming that the large number of refunds and the current manpower is limiting their ability to quickly issue these refunds.
Nintendo Sues U.S. Government Over Trump's 'Unlawful' Tariffs That Led to Last-Minute Switch 2 Pre-Order Delay, Demands Refund With Interest - IGN

Nintendo has sued the U.S. government over “unlawful” tariffs, demanding a refund with interest.

IGN
Show threadBCsvenMar 8
Manpower? They could use the ICE idiots as manpower
Show threadoddpixelMar 8
They’d be awfully upset if they could read what you just suggested.
Show threadk0e3Mar 10
You expect them to be able to read numbers?
Show threadboonhetMar 9
The article states $166 billion in duties and tariffs total, not from Nintendo products. It doesn’t actually state an amount for Nintendo in particular.
Show threadSmokedBillionaireMar 9
Sadly they had no legal standing on that due to parody law. I’m sure they would have of they could have.
Show threadTollana1234567Mar 9
nintendo only owns 1/3 of pokemon apparently, the other is gamefrek/masuda, i forgot the 3rd one.
Show threadNotSafeForWorldMar 9
The Pokémon Company owns the other third
The Pokémon Company - Wikipedia

Show threadCharzard4261Mar 9

The Pokémon Company is a joint venture between Nintendo, GameFreak and Creatures Inc. Control of TPC is what people mean when they say Nintendo/GameFreak “own” 30%.

The story behind the trio is an interesting read, and IIRC Creatures is like wholly owned by Nintendo anyway so they technically have majority control of TPC.

Show threadJomegaMar 9
Music rights are notoriously convoluted. Long story short, that’s not their department.
Show threadMetalSlugXMar 8

Absolute fucking shit article.

Read the fucking lawsuit before ya post, Mr. Tom Shardware.

The total tariffs globally collected are around $200B but N is only seeking the return of their chunk.

[DO NOT DELETE FOOTER BELOW]

Show threadAgrivarMar 8

[DO NOT DELETE FOOTER BELOW]

Huh?

Show threadMetalSlugXMar 8
See posted link. Duh?
Show threadCluckNMar 8
Of course you do he’s a Nintendo IP
Show threadabcdqfrMar 9
what in the 4chan is this thread. gonna dig into their trip codes next? Quick, someone drop a racial slur
Show threadsome_kind_of_guyMar 9
Clanker!
Show threadsp3ctr4lMar 8
Show threadsuper_user_doMar 9
I cant imagine how powerful a corporation can be if they feel comfortable suing the fucking governemtnt
Show threadTest_TicklesMar 9
People sue the us government all the time over just about anything. It’s only under this guy that it seems dangerous. But even then, as long as they bribe him, they can steal from the US government all they want and he won’t do anything.
Show threadjaselleMar 9
I think it’s great that organizations can and do sue the government
Show threadsuper_user_doMar 10
Im just afraid this thing can be abused man. Big corpos are not good, actually most of them are evil
Show threadjaselleMar 10
Yeah but that doesn’t mean that if a corporation is doing it it’s evil.
Show threadmelsaskcaMar 9
Oh trump. What have you wrought?
Show threadI_Has_A_HatMar 9
Absolutely nothing for him. They’ll tie it up in the courts for years until the next guy has to deal with it.
Show threadJaysynMar 9
I thought the tariff total collected by pedo Trump and his fash buddies was “only” $176 Billion?
Show threadunphazedMar 9
And all of that was at the cost of Nintendo, didn’t you know? They single handedly took on that cost so Americans wouldn’t have to spend a cent more. They didn’t even increase their products by more than 35% in relation to an increase of 10%.
Show threadchunesMar 9
I hope they both lose.
Show threadjaselleMar 9
I’m going to be honest I have trouble believing Nintendo sold anywhere close to $200 billion dollars worth of switch 2s.
Show threadGammaMar 9
It’s a bad headline, all the companies are estimating that much total
Show threadinclementimmigrantMar 11
It’s not about sales, it’s about how many units they had to get through customs.