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'I Thought This Would Be Drama-Free': Games Workshop Gets Tariff Reprieve

The Warhammer maker reported 11% revenue growth and a reduced dividend as it braces for about £13 million in new import duties.

Summary by City AM
Games Workshop pocketed a £7.8 refund from the US administration after the Supreme Court rules Donald Trump’s ‘liberation day’ tariffs to be illegal, the company has said in another positive trading update. The Warhammer maker told investors it had initially paid US customs £12m to continue trading across the Atlantic, a considerable hit to the firm’s balance sheet. But it managed to reclaim £7.8m of those charges, after the US’s Supreme Court d…

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City AM broke the news in London, United Kingdom on Tuesday, July 28, 2026.
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