Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-08-11T09:58:00+00:00
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free dailySupply Chain Dive newsletter. Nintendo has secured $300 million in refunds for invalidated U.S. tariffs it paid last year amid the launch of its latest video game console, according toa fiscal Q1 earnings report. The Switch 2 manufacturer said it bore the brunt of the International Emergency Economic Powers Act levies, even though it didraise priceson certain hardware last year due to unspecified "market conditions." The refund helped fuel a 22-percentage-point year-over-year increase in gross profit margin during the quarter, with the company also reporting a 150.5% surge in operating margin. Nintendo is getting tariff relief after it was forced tonavigate the launchof
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.