Amazon to Return Part of $600 Million Tariff Refund to Shoppers as Court Voids Trump Levies
Updated
Updated · ZDNet · Jul 31
Amazon to Return Part of $600 Million Tariff Refund to Shoppers as Court Voids Trump Levies
3 articles · Updated · ZDNet · Jul 31
Summary
$600 million in tariff refunds is flowing to Amazon, and the company said it will automatically reimburse customers in the limited cases where it can prove import charges were passed through.
Amazon said eligible buyers do not need to apply: it will identify qualifying items, contact affected customers directly and issue refunds without a set start date.
Brian Olsavsky said the refund was relatively small because Amazon stocked up before the tariffs took effect and because about 60% of Amazon sales come from third-party merchants, whose imports were not Amazon's legal responsibility.
The refunds stem from a Supreme Court ruling earlier this year that found Trump's sweeping tariffs illegal, prompting U.S. Customs and Border Protection to process billions of dollars in duty repayments.