Trump Hands Epson a $109 Million Tariff Refund — “Here’s Your Money Back!”

In a remarkable tariff twist, Seiko Epson is getting $109 million back from the U.S. government, turning President Donald Trump’s controversial tariff saga into an expensive episode of “Return to Sender.” Epson confirmed that U.S. authorities have completed their review and finalized a refund of approximately $109 million (¥17.7 billion) tied to tariffs that were struck down by the U.S. Supreme Court; Epson says the refund, including interest, will be reflected in its July–September 2026 results, with additional claims potentially increasing the total. So picture Trump standing at the White House door with a giant $109 million check: “Epson, you paid the tariff — the Supreme Court says we shouldn’t have charged it — so here’s your money back!” For Epson, the reversal could provide a substantial financial boost and another twist in the ongoing U.S. tariff battle affecting the global printer and electronics industries.