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Amazon gets $600 million back after Supreme Court sinks Trump tariffs
Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleJeff Bezos pictured alongside his wife, Lauren Sanchez, and fellow tech CEOs Mark Zuckerberg and Elon Musk at Trump’s inauguration in 2025 (Reuters)Amazon announced it received over $500 million in refunds from tariffs imposed by President Trump. Amazon's CFO Brian Olsavsky confirmed the company received approximately $600 million in the second quarter from these refunds. The refunds follow a Supreme Court ruling that declared President Trump's tariffs, implemented under the International Emergency Economic Powers Act (IEEPA), illegal. Amazon plans to proactively contact affected customers to issue some refunds and will utilize the remaining funds to invest in low prices. The Supreme Court's 6-3 decision invalidated tariffs previously applied to imports from China, Mexico, Canada, and those related to the trade deficit. In fullAmazon received hundreds of millions in Trump tariff refunds – and says it will return some to customersMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
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fortune.com
Amazon may owe you money: It just got $600 million in tariff refunds after a lawsuit accused it of favoring Trump | Fortune
Andy Jassy conceded in January tariffs were hitting prices, months before Amazon's $600 million refund came to light.
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newsbytesapp.com
Amazon plans refunds for eligible customers after $600M tariff payout
Amazon will refund some customers after receiving Rs 5,700 crore in tariff refunds, following a US Supreme Court ruling that deemed Trump-era import duties illegal.
