Amazon says it got $600 million in Trump tariff refunds and will pass return along to some customers
The company previously hadn't disclosed whether it would recoup tariff costs after the Supreme Court ruled many of President Donald Trump's levies were illegal.
Amazon has been awarded a $600 million refund following the overturning of President Donald Trump's illegal tariffs, and the company is set to pass some of this amount back to customers. According to Amazon's finance chief, Brian Olsavsky, the refund is smaller than initially expected due to factors like inventory purchases before the tariffs were enacted and the fact that most tariffs apply to third-party sellers rather than Amazon itself.
While approximately 60% of sales on Amazon are from third-party merchants, only a limited number of situations allow the company to trace specific import charges passed on to customers. When refunds are identified, Amazon will contact affected customers directly and automatically issue reimbursements. To determine if you are eligible for a refund, check your order history to see if the seller is listed as Amazon or another party. Keep in mind there is no set timeframe for when the refunds will begin.
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