Games Workshop pockets £7.8m tariff refund after US Supreme Court ruling

Games Workshop, the maker of Warhammer miniatures, received a £7.8 million refund from the US administration after the Supreme Court ruled Donald Trump's 'liberation day' tariffs illegal. The company had initially paid £12 million to US customs to continue trading. Despite the tariff uncertainty, the FTSE 100 firm posted strong annual results: revenue rose 11% to £626.8 million and profit increased over 16%. The firm expects to face roughly £13 million in tariff costs over the next full year due to new import duties introduced by Trump after the ruling. CEO Kevin Rountree described it as 'exciting times' for the company. The case highlights the impact of US trade policy on British exporters.

First published Aug 4, 01:55 PM UTCUpdated Jul 28, 07:05 AM UTC1 reports · 1 sources

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Games Workshop pockets £7.8m tariff refund after US Supreme Court ruling

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Games Workshop pockets £7.8m tariff refund after US Supreme Court rulingCity AMWesternJul 28, 07:05 AM UTC

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Donald Trump US Supreme Court United Kingdom United States